MWIM

Invesco MSCI ACWI Islamic M-Series UCITS ETF

£9.90Price per unit

New, no track record5-yr avg return

0.35%Annual fee

MediumRisk

Brand new fund combining developed and emerging markets in one wrapper. Worth watching rather than acting on immediately given the lack of track record.

Launched February 2026. Too new to have any meaningful return history. UK platform availability not yet confirmed.

What does MWIM actually own?

A newly listed (February 2026) global Islamic fund from Invesco, tracking the MSCI ACWI Islamic M-Series index, which spans both developed and emerging markets in one fund. Genuinely new: there is no meaningful return history yet, and UK platform availability has not been confirmed at launch. Worth watching rather than acting on immediately.

Global: developed and emerging markets combined

MSCI ACWI Islamic M-Series

ISA-eligible

How to buy MWIM

Next step

Opening your account, step by step

Open an account: Pick a platform above and open a Stocks & Shares ISA (tax-free) or a general account. It takes about 10 minutes. Have your ID and National Insurance number ready.

Add money: Top up by debit card or bank transfer. On Trading 212 and InvestEngine you can start with as little as £1.

Find MWIM: Search for “MWIM” in the app. That’s Invesco MSCI ACWI Islamic M-Series UCITS ETF.

Buy your first units: Enter the amount in pounds and confirm. Fractional shares mean you don’t need to buy a whole unit.

Automate it: Set up a monthly recurring order so you keep investing consistently without having to think about it.

Not ready for real money yet? Practise with £1,000 of virtual cash first.

Practise first

How we know this is halal

Shariah compliance

Screened by

MSCI Islamic

Frequency

Quarterly

Certification

MSCI ACWI Islamic M-Series Index methodology

The 5 screens applied to every company in this fund:

Revenue screen: Less than 5% of revenue from alcohol, gambling, weapons, tobacco, adult content, pork, or conventional banking.

Debt screen: Total debt less than 33% of market capitalisation.

Interest income: Cash and interest-bearing deposits less than 33% of market capitalisation.

Receivables: Accounts receivable less than 33% of total assets.

Non-permissible income: Less than 5% of total revenue from any non-permissible source.

Purification

Too new for a published purification track record. Check Invesco's factsheet once available before assuming a specific ratio.

What to pair MWIM with

ISWDiShares MSCI World Islamic UCITS…

Medium

MWIM aims to cover developed and emerging markets in one fund, similar in spirit to holding ISWD and HIES together, but unproven and not yet confirmed on UK platforms.

View ISWD →

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