HSBC MSCI World Islamic USD Accumulation Fund

The HSBC MSCI World Islamic USD Accumulation Fund is an equity investment fund designed to align with Sharia principles, providing an option for investors seeking ethical compliance. This fund tracks the MSCI World Islamic Index and invests in a diversified portfolio of equities across global markets, excluding sectors such as alcohol, tobacco, gambling, and weapons, which do not comply with Islamic law. The primary purpose is to offer exposure to international stocks while adhering to Sharia guidelines, making it suitable for investors desiring both global diversification and ethical standards. With a focus on capital growth, the fund reinvests income back into the portfolio rather than distributing it, hence the term 'accumulation.' It impacts industries that meet specific ethical criteria, playing a critical role in expanding the availability of Islamic finance options. Important for Sharia-compliant investors, this fund contributes to the broader acceptance and integration of Islamic financial instruments in global markets, providing a reliable vehicle for ethical investing.