HSBC Multi Factor Worldwide Equity UCITS ETF HWWA.L
HWWA.L Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, HSBC Multi Factor Worldwide Equity UCITS ETF is classified as not halal.
NOT HALAL
Is HSBC Multi Factor Worldwide Equity UCITS ETF Halal?
Shariah Compliance Analysis of HWWA.L ETF
GB Equity Total Market
No. As of September 2026, HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. HSBC Multi Factor Worldwide Equity UCITS ETF does not pass Musaffa's business and financial screening criteria.
HWWA.L was created on 2014-07-08 by HSBC. The fund's investment portfolio concentrates primarily on total market equity. The Fund aims to provide long term capital growth.
HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) Chart
Key Statistics of HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L)
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FAQ's for HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L)
As of September 2026, HSBC Multi Factor Worldwide Equity UCITS ETF HWWA.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 Multi Factor Worldwide Equity UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of HSBC Multi Factor Worldwide Equity UCITS ETF 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 Multi Factor Worldwide Equity UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.