The fund is an exchange traded fund (ETF) that aims to track the performance of the MSCI World Islamic Index as closely as possible.
The ETF invests in physical index securities. The MSCI World Islamic Index offers exposure to stocks from the MSCI World Index which comply with Shariah investment principles. The MSCI World Index includes stocks from developed countries world wide which comply with MSCI's size, liquidity, and free float criteria. The index is free float market capitalisation weighted. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.
Frequently asked questions
What is the iShares MSCI World Islamic ETF USD Dist (IUSD) expense ratio?
The iShares MSCI World Islamic ETF USD Dist funds expense ratio is 0.6%.
What is iShares MSCI World Islamic ETF USD Dist (IUSD) current stock price?
As of the latest data, iShares MSCI World Islamic ETF USD Dist stock price is €62.36, with a previous close of €61.85. iShares MSCI World Islamic ETF USD Dist gained €0.51 in the last trading session, representing a 0.82% increase.
Does iShares MSCI World Islamic ETF USD Dist (IUSD) pay dividends?
Yes. iShares MSCI World Islamic ETF USD Dist pays semiannual dividends with an annualized yield of 0.8% and an estimated annual payout of €0.56 per share.
