New iShares ETFs on Xetra: access to companies in line with Sharia principles and to sustainable government and corporate bonds

Since Friday, two new exchange-traded funds issued by iShares have been tradable on Xetra and via Börse Frankfurt.

The iShares MSCI World Islamic UCITS ETF invests in large and mid-cap companies from developed markets that are suitable for Islamic investors. Strict criteria based on Sharia principles are applied for the exclusion of companies. That means businesses related to alcohol, tobacco, pork-related products, conventional financial services, gambling or adult entertainment are excluded.

The iShares EUR Aggregate Bond ESG UCITS ETF enables investors to invest in euro-denominated fixed-rate government and corporate bonds with an investment grade rating from developed countries. In addition, green bonds with at least 10 per cent are to be taken into account. Issuers that do not meet ESG criteria are excluded.

NameAsset classISINOngoing chargesDistribution policyReference index
iShares MSCI World Islamic UCITS ETF USD (Dist)Equity ETFIE00B27YCN580.30 per centdistributingMSCI World Islamic Index
iShares EUR Aggregate Bond ESG UCITS ETF EUR (Acc)Bond ETFIE000CR3ZDF90.16 per centaccumulatingBloomberg MSCI Euro Aggregate Sustainable and Green Bond SRI Index

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,053 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.

Published on April 28, 2023

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