Halal ETFs on Trading 212: UCITS List & Halal Pies (2026)

Last updated: October 26, 2026

Halal ETFs available on Trading 212 (UK)

We checked every fund against its issuer factsheet and Trading 212's public instrument list in October 2026. All of them are UCITS ETFs based in Ireland. UCITS is the European fund standard UK investors are allowed to buy, so each one can go in a Trading 212 Invest account or Stocks & Shares ISA.

Sources: issuer factsheets and Trading 212 instrument pages.^1234567 Fees are the ongoing charge figure. "Accumulating" means dividends get reinvested for you; "distributing" means they're paid out as cash. Each fund follows its own index provider's Shariah rules, which don't always match AAOIFI's. We cover where they differ in the problem with halal ETFs.

Heads up: iShares says one listing line of the World Islamic fund will be delisted on 15 December 2026.¹ Check which one on the iShares page before you buy ISWD or ISDW.

Best halal ETF on Trading 212 for each goal

Global: HIWS, ISWD or IGDA

HIWS and ISWD both cost 0.30% and both track MSCI World Islamic indices. The differences are small. HIWS drops a few extra things (controversial weapons, tobacco, thermal coal, UN Global Compact breaches) and reinvests dividends.² ISWD pays dividends out twice a year.¹ Both lean hard on tech: Microsoft alone was 14.33% of HIWS at the end of September 2026.²

IGDA costs a bit more at 0.40%, but it tracks the Dow Jones Islamic Market Developed Markets Index and holds about 1,350 companies.⁴ Since it launched in 2022 it has returned 12.25% a year, against 10.73% for the S&P 500 over the same stretch. Its top 10 holdings make up 38.59% of the fund.

ISWD has been around longest. Over five years it returned 9.63% a year. Our full halal ETF comparison ranks all of them.

US: HIUS or ISUS

HIUS and ISUS both track MSCI USA Islamic indices at 0.30%.⁵ Neither one tracks the S&P 500. ISUS is the GBP line of the fund also listed as ISDU, which has returned 11.93% a year over five years. Its top 10 holdings are 50.94% of the fund. That's a lot riding on a few companies.

All-world in one fund: MWIX

MWIX is the only fund here that covers developed and emerging markets together, at 0.35%. It only launched in February 2026, so there's no real track record yet.⁶

Emerging markets and Europe: ISDE and HIPS

ISDE gets you emerging markets at 0.35%, though it has returned just 1.78% a year since launching in 2007. HIPS covers Shariah-compliant European companies at 0.30%.³

GBP or USD line: which ticker to buy?

Most of these funds trade on two London lines. Same fund, same holdings, different currency.

Why does that matter? Trading 212 charges a 0.15% FX fee whenever it converts currency.⁸ A Stocks & Shares ISA and every pie use your main account currency, which is usually GBP.⁹ Buy a USD line in a GBP ISA or pie and you pay 0.15% going in and again coming out. So buy the GBP line where there is one: HIWS, ISWD, HIUS, ISUS, MWIX and HIPS.

ETFs also skip the 0.5% UK stamp duty that London-listed shares pay.⁸

Why SPUS, HLAL and UMMA are not on Trading 212 UK

UK retail investors can't buy US-based ETFs. A fund from outside the UK has to be a "recognised scheme" to be sold here, and the FCA says "there are currently no US funds that are recognised schemes in the UK".¹⁰ Trading 212 does show SPUS and HLAL prices. The SPUS listing you can actually trade is a CFD, though, which is leveraged and charges overnight interest. It isn't halal, and you don't own any of the actual ETF.

The closest UK options to SPUS are HIUS and ISUS. If you'd rather own the US stocks themselves, UK accounts can buy individual US shares. Read is Trading 212 halal? first for the account settings to check.

Trading 212 halal pies

A pie is a basket of investments you set up once. Each deposit gets split across the slices for you, and AutoInvest can top it up on a schedule. There are two halal ways to use one.

Option 1: a pie of halal ETFs

Here's an example using GBP lines where they exist. It's just to show the idea, not a recommendation:

Simple. But every slice still charges its yearly fee, and ISDE trades in USD. On £20,000, a 0.30% fee is about £60 a year, and that grows with your balance.

Option 2: a pie of screened stocks

A pie of individual stocks has no fund fee. The catch is upkeep. Most public "halal pies" get built once and never touched again, while Shariah status changes every time companies report new figures. Trading 212 pies also hold 50 instruments at most.¹¹ So you'd be re-screening every holding yourself.

That upkeep is what Amal Invest does for you. Amal builds two Shariah-certified pies, Grow and Save, in your own Trading 212 account. They're filtered versions of the Fidelity Growth Company Fund and the Vanguard Dividend Appreciation Fund, with the non-compliant holdings taken out. Other filtered funds, like the S&P 500, aren't available as Trading 212 pies. We screen holdings twice a month to AAOIFI standards, and a stock that fails is removed from your pie at the next sync. Trading 212 moves your existing positions toward the new weights gradually, so rebalance the pie if you want a failed stock sold straight away.¹¹ It's $249 once, with a 30-day money-back guarantee and no yearly fee on your balance.

FAQ

What halal ETFs are on Trading 212?

As of October 2026: HIWS/HIWO, ISWD/ISDW, IGDA, MWIX/MWIM, DJIW, HIUS/HIUA, ISUS/ISDU, HIPS and ISDE. They're all UCITS ETFs you can hold in an Invest account or Stocks & Shares ISA in the UK.

What is the best halal ETF on Trading 212?

For a cheap global fund, HIWS and ISWD both charge 0.30%. HIWS reinvests dividends and has a few extra ethical exclusions, while ISWD's record goes back to 2007. IGDA costs more (0.40%) but holds around 1,350 companies. For just the US, go with HIUS or ISUS.

Is ISWD halal?

ISWD tracks the MSCI World Islamic Index, which screens companies on both their business and their finances.¹ It uses MSCI's rules rather than AAOIFI's, and a few big tech companies make up a lot of the fund. You'll also need to purify (give to charity) the non-permissible part of its dividends.

Can I buy SPUS on Trading 212 in the UK?

No. SPUS is a US-based ETF, so it can't be sold to UK retail investors.¹⁰ The SPUS listing you can trade in the app is a CFD, which isn't halal. Use HIUS or ISUS for US Islamic exposure.

Is there a halal S&P 500 ETF in the UK?

Not exactly. No UCITS ETF tracks the S&P 500 Shariah index. HIUS and ISUS track MSCI USA Islamic indices, which hold a similar group of large US companies.

Are Trading 212 pies halal?

A pie is halal if every slice in it is halal. A pie of the UCITS Islamic ETFs above is halal under their index providers' Shariah screens. A pie of individual stocks needs re-screening regularly, and Amal's halal Trading 212 pies handle that for you.

Can I hold halal ETFs in a Trading 212 ISA?

Yes. The issuer factsheets for ISWD, HIWS, HIUS and MWIX all list them as ISA eligible.¹²⁵⁶ In the 2026 to 2027 tax year you can put up to £20,000 into ISAs.¹² Remember to leave interest on cash off inside the ISA.

References