HSBC MSCI USA Islamic UCITS ETF

The HSBC MSCI USA Islamic UCITS ETF is an exchange-traded fund designed to provide investors with exposure to large and mid-cap U.S. equity markets, filtered through Shariah-compliant investment guidelines. Its primary function is to track the MSCI USA Islamic Index, which includes a selection of stocks that comply with Islamic finance principles, avoiding businesses such as alcohol, gambling, and conventional banking. A notable feature of this ETF is its adherence to stringent Shariah compliance, making it a key asset for investors seeking diversification within ethical and religious boundaries. The fund predominantly affects sectors such as technology, healthcare, and consumer discretionary, given that these sectors often meet the criteria for Islamic investment. The HSBC MSCI USA Islamic UCITS ETF plays a significant role in providing accessibility to U.S. equities for those who require or prefer ethical investment options aligned with Islamic principles. Additionally, by being domiciled in the UCITS framework, it offers a level of investor protection and regulatory oversight, making it a relevant choice for both individual and institutional investors looking to diversify their portfolios while adhering to ethical guidelines.