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IS0L

$--
--%
1d
1w
1m

Analysis and statistics

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  • Dividend Per Share
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About

The ETF with the financial product symbol IS0L.XETRA refers to the iShares MSCI World Islamic UCITS ETF USD (Dist). This ETF aims to track the investment results of an index composed of companies that meet Shariah investment principles, specifically the MSCI World Islamic M-Series Index. It provides investors with exposure to a diversified portfolio of global equities that adhere to Islamic finance guidelines, screening out companies involved in activities such as alcohol, tobacco, gambling, and interest-based finance. The 'XETRA' portion of the symbol indicates that the ETF is listed and traded on the XETRA exchange, a major German stock exchange.
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Factors

Underlying Asset Performance: The ETF price closely tracks the Solactive GBS Global Markets ex Switzerland Large & Mid Cap index's performance. Supply and Demand: Higher demand pushes the price up, while increased selling pressure lowers it. Index Composition Changes: Rebalancing of the underlying index impacts holdings and potentially the ETF's price. Currency Fluctuations: The ETF's price is affected by changes in the Euro (EUR) against other currencies since it trades in EUR.

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