Investing News and Headlines

Invesco Expands Its Sharīʿah Offering with a New ETF on the MSCI ACWI Islamic M-Series on the London Stock Exchange

Invesco has launched the MSCI ACWI Islamic M-Series UCITS ETF (ISIN IE000LFC57H7) on the London Stock Exchange, offering global equity exposure that complies with Shariah principles. The fund tracks the MSCI ACWI Islamic M-Series index using a market‑capitalisation‑based screening methodology and charges a total expense ratio of 0.35%. It employs a passive sampling replication strategy, distributes dividends on a cumulative basis, and is overseen by a dedicated Shariah compliance committee. Quarterly rebalancing limits any single issuer to a maximum 5% weight.