Overview
Description
iShares USD Sukuk UCITS ETF is an exchange-traded fund that provides investors with exposure to a diversified portfolio of U.S. dollar-denominated Sukuk, which are Islamic financial certificates similar to bonds. This ETF is designed for investors seeking to align their investments with Sharia-compliant financial principles, as Sukuk are structured in a way that doesn't involve interest (riba), aligning with Islamic law. The fund tracks the performance of an index of U.S. dollar-denominated, investment-grade Sukuk issued in global markets. Managed by iShares, one of the world’s largest ETF providers, this fund caters to both individual and institutional investors looking for fixed-income diversification without sacrificing adherence to Islamic finance principles. Positioned within the broader spectrum of fixed income and ethical investment strategies, the iShares USD Sukuk UCITS ETF plays a significant role in allowing ethically-minded investors to gain exposure to the growing Islamic finance sector.
About
Address
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Website
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Instrument type
ETF
Country
Germany
MIC code
XDUS