iShares MSCI Emerging Markets Islamic UCITS ETF (IUSE)

Profile

The iShares MSCI Emerging Markets Islamic UCITS ETF is an exchange-traded fund that provides exposure to large- and mid-cap companies across global emerging markets while adhering to Shariah investment principles. Its primary function is to replicate the performance of the MSCI Emerging Markets Islamic Index, ensuring that all holdings meet strict Islamic finance criteria, such as excluding companies involved in sectors like alcohol, gambling, and conventional financial services. The ETF employs physical replication, holding a diversified portfolio that currently consists of several hundred constituents, which span multiple sectors and countries included in the broader emerging markets universe. Designed for investors seeking both diversification and compliance with Islamic ethical standards, the ETF distributes income semi-annually and is structured as a UCITS-compliant fund domiciled in Ireland. Managed by BlackRock, it has accumulated a substantial asset base and maintains a competitive expense ratio, providing an accessible vehicle for aligning financial and religious objectives. This fund plays a significant role in the market by facilitating access to Shariah-compliant investment opportunities within the broader context of emerging market equities.