Satrix MSCI World Islamic ETF: A Sharia-Compliant ETF for International Markets

Satrix MSCI World Islamic ETF: A Sharia-Compliant ETF for International Markets
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Published on: Sep 18, 2024 6:00:00 AM

Know all about the new Satrix MSCI World Islamic ETF – your gateway to diversified, Sharia-compliant investment in developed markets.


What is the ETF all about?
The Satrix MSCI World Islamic Feeder ETF is a newly launched investment vehicle tailored for Islamic investors. Its primary objective is to track the MSCI World Islamic Index, providing exposure to a wide range of diversified companies in developed markets. This index is carefully curated to exclude securities that do not adhere to Sharia principles, ensuring the investment remains ethical and suitable for Islamic investors. 

Key Features
  • Sharia Compliance: The ETF strictly follows Sharia principles, excluding certain securities based on business activity and financial ratios as vetted by the Sharia board.
  • Diversification: Gain exposure to a comprehensive range of large and mid-cap stocks
  • Index Tracking: The ETF tracks the MSCI World Islamic Index, a market-capitalization-weighted index that measures the performance of developed market stocks suitable for Islamic investors.
You can check this new listing here under your ZAR and TFSA accounts. 

IPO Satrix MSCI World Islamic Feeder ETF

Important Dates
IPO Closing Date: October 9, 2024, 23:59
Listing Date on JSE: October 22, 2024, 09:00



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Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

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