Is HSBC Global Funds ICAV -USCorporate Bond Index Fund halal to invest in?

As of September 2026, HSBC Global Funds ICAV -USCorporate Bond Index Fund HUCS.L is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is HSBC Global Funds ICAV -USCorporate Bond Index Fund a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes HSBC Global Funds ICAV -USCorporate Bond Index Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for HSBC Global Funds ICAV -USCorporate Bond Index Fund updated?

The Shariah compliance status of HSBC Global Funds ICAV -USCorporate Bond Index Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of HSBC Global Funds ICAV -USCorporate Bond Index Fund?

You can check the latest Shariah compliance status of HSBC Global Funds ICAV -USCorporate Bond Index Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

HSBC Global Funds ICAV -USCorporate Bond Index Fund HUCS.L

HUCS.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, HSBC Global Funds ICAV -USCorporate Bond Index Fund is classified as not halal.

NOT HALAL

Is HSBC Global Funds ICAV -USCorporate Bond Index Fund ETF Halal?

Shariah Compliance Analysis of HUCS.L ETF

GB Fixed Income Investment Grade

No. As of September 2026, HSBC Global Funds ICAV -USCorporate Bond Index Fund (HUCS.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. HSBC Global Funds ICAV -USCorporate Bond Index Fund does not pass Musaffa's business and financial screening criteria.

The fund's investment portfolio concentrates primarily on investment grade fixed income. To achieve regular income and capital growth.

HSBC Global Funds ICAV -USCorporate Bond Index Fund (HUCS.L) Chart

Key Statistics of HSBC Global Funds ICAV -USCorporate Bond Index Fund (HUCS.L)

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FAQ's for HSBC Global Funds ICAV -USCorporate Bond Index Fund (HUCS.L)

As of September 2026, HSBC Global Funds ICAV -USCorporate Bond Index Fund HUCS.L is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes HSBC Global Funds ICAV -USCorporate Bond Index Fund using these criteria to determine its compliance status.
The Shariah compliance status of HSBC Global Funds ICAV -USCorporate Bond Index Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of HSBC Global Funds ICAV -USCorporate Bond Index Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.