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ISWD: the most popular halal ETF in the UK

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Summary

ISWD tracks the MSCI World Islamic index: 400+ global companies that have been screened to remove anything haram. The fund is managed by iShares (BlackRock), costs 0.30% per year, and is available on almost every UK broker. It's the default recommendation for most UK Muslim investors because it's diversified, low-cost, and has a decade of track record.

Key takeaway

ISWD is not the only halal ETF, but it's the one most UK investors start with, and for good reason.

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