HANetf Saturna Al-Kawthar Global Focused Equity UCITS ETF Acc

HANetf Saturna Al-Kawthar Global Focused Equity UCITS ETF Acc is an actively managed exchange-traded fund that seeks capital growth over the medium to long term by investing in a focused portfolio of global equities compliant with Shariah principles and exhibiting positive ESG characteristics. Launched on 28 September 2020 and domiciled in Ireland, the ETF avoids sectors such as alcohol, gambling, tobacco, pork-related products, and conventional interest-based financial services, prioritizing permissible industries like technology, industrials, healthcare, and consumer goods. Its holdings, typically around 44 stocks, include prominent names such as Taiwan Semiconductor Manufacturing, Alphabet, Microsoft, Broadcom, and AstraZeneca, with significant allocations to North America, Europe, and Asia. As an accumulating fund with a total expense ratio of 0.75% per annum, it reinvests dividends to compound returns without unhedged currency risk exposure in its USD-denominated base. With assets under management around €15 million, this ETF from provider HANetf plays a niche role in offering ethical, faith-aligned global equity diversification for investors adhering to Islamic finance standards.