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HSBC ETFs PLC - HSBC MSCI Emerging Markets Small Cap Screened UCITS ETF HESC.L

Is HSBC ETFs PLC - HSBC MSCI Emerging Markets Small Cap Screened UCITS ETF Halal?

Shariah Compliance Analysis of HESC.L ETF

No. As of October 2026, HSBC ETFs PLC - HSBC MSCI Emerging Markets Small Cap Screened UCITS ETF (HESC.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HESC.L was created on 2022-11-03 by HSBC. The fund's investment portfolio concentrates primarily on small cap equity. The Fund aims to track as closely as possible the returns of the MSCI Emerging Markets Small Cap SRI ESG Universal Select Index (the Index), while integrating environmental, social and governance (ESG) metrics. The Fund will invest in or gain exposure to shares of companies which make up the Index.

HESC.L Shariah Compliance

As of October 2026, HSBC ETFs PLC - HSBC MSCI Emerging Markets Small Cap Screened UCITS ETF is classified as not halal.

NOT HALAL

HSBC ETFs PLC - HSBC MSCI Emerging Markets Small Cap Screened UCITS ETF (HESC.L) Chart

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