MSCI World Islamic Index to implement issuer capping
- Investing.com
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iShares II Public Limited Company - iShares MSCI World Islamic UCITS ETF is a shariah-compliant exchange traded fund launched by BlackRock Asset Management Ireland Limited. It is managed by BlackRock Advisors (UK) Limited. The fund invests in the public equity markets of developed countries across the globe. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies. It seeks to replicate the performance of the MSCI World Islamic Index, by employing representative sampling methodology. The fund was formerly known as iShares II Public Limited Company - iShares MSCI World Islamic Fund. iShares II Public Limited Company - iShares MSCI World Islamic UCITS ETF was formed on December 7, 2007 and is domiciled in Ireland.