Islamic Investing in Manchester, England

Sharia-compliant private-credit-style income fund from Cur8 Capital, the investment platform built by the Islamic Finance Guru (IFG) team under FCA-authorised IFG.VC Limited (FRN 943736). Targets 7.75% annual returns from asset-backed, ethically screened financing exposures, with a GBP 5,000 minimum, a 3-month liquidity target for redemptions, and eligibility for Cur8's Innovative Finance ISA so UK taxpayers can shelter returns inside the GBP 20,000 annual allowance. Fees are deal-documented: typically 2-4% upfront (2-3.5% for GBP 648/year members) plus a 2% annual fee. This is a high-risk investment under FCA classification: capital is at risk, FSCS protection does not apply to performance, and the platform serves self-certified sophisticated and high-net-worth investors.

USD-denominated sister fund to Cur8's GBP income product, targeting 9.5% annual returns with semi-annual distributions from a diversified portfolio of fully ethical, asset-backed SME and growth financing, collateralised real estate and leasing facilities. Minimum USD 5,000, liquidity at 3 months' notice on a best-efforts basis (historically all requests met), and 0% direct fees to investors: returns are structured as fixed-style distributions with the fund's economics embedded in the underlying deals. Aimed at UK investors who want dollar diversification and at overseas investors in USD-pegged economies. High-risk FCA-classified investment for self-certified sophisticated and HNW investors; no FSCS protection for performance.

The workhorse of UK halal investing: a Luxembourg-domiciled index fund (sub-fund of HSBC Islamic Funds SICAV, launched 28 April 2000) that fully replicates the Dow Jones Islamic Market Titans 100 Index of the 100 largest Shariah-compliant global stocks. UK retail investors buy GBP share classes on mainstream platforms: on Hargreaves Lansdown the Class BC Accumulation (ISIN LU2092165666) carries a 0.62% ongoing charge with a GBP 100 minimum (GBP 25 by direct debit), is ISA and SIPP eligible and has UK reporting fund status. The strategy's combined vehicles hold over USD 8 billion, and this fund is the underlying engine of the NEST Sharia Fund's equity allocation, Penfold's Sharia plan and Aviva's Shariah strategy - making it the single most systemically important Islamic investment product in Britain. Portfolio skews heavily to US mega-cap technology (Technology Hardware plus Software were over 53% of sector weight at 31 May 2026).

The only mainstream LSE-listed vehicle for Shariah-compliant emerging-markets equity: an Irish UCITS ETF physically tracking the MSCI Emerging Markets Islamic Index (NET) with around 402 holdings, TER 0.35%, USD 764 million net assets (5 August 2026), listed since 10 December 2007 (ticker ISDE), distributing semi-annually with UK reporting status. Provides the diversification leg that most UK halal portfolios lack: DJ Titans and MSCI World Islamic trackers are two-thirds US, while ISDE covers Taiwan, India, Saudi Arabia, China and the wider EM complex through a compliant lens.

US-market slice of the iShares Islamic range: an Irish UCITS ETF physically tracking the MSCI USA Islamic Index, LSE-listed since 10 December 2007 in GBP (ISUS) and USD (ISDU) lines. TER 0.30%, USD 505 million net assets (5 August 2026), semi-annual distributions, ISA and SIPP eligible with UK reporting status. Gives Shariah-screened exposure to the world's dominant equity market with MSCI's conservative Islamic filters, which strip out conventional financials and high-leverage names, producing a portfolio that differs materially from the S&P 500's sector mix.

The longest-listed Islamic ETF on the London Stock Exchange (10 December 2007): an Irish-domiciled UCITS ETF from iShares II plc physically replicating the MSCI World Islamic Index of developed-market Shariah-compliant stocks. TER 0.30%, around USD 1.04 billion in assets (April 2026 factsheet), roughly 398 holdings, semi-annual distributions and UK reporting status; trades in GBP (ISWD) and USD (ISDW) lines on the LSE, is ISA and SIPP eligible, and can be bought commission-cheap on any UK stockbroker from one share (Fidelity minimum GBP 25). MSCI's Islamic methodology is more conservative than Dow Jones on financial screens, producing a notably different portfolio: US weight around 66% with meaningfully higher energy and materials exposure than DJ Titans trackers.

The main actively managed alternative to HSBC's index fund for UK retail investors: a UK-domiciled unit trust (sub-fund of Schroder Investment Fund Company, Z Accumulation ISIN GB00BF780Y53) run by Schroders' Systematic Investments team, targeting capital growth in excess of the Dow Jones Islamic Market World (Net Total Return) index over 3-5 years using a multi-factor, bottom-up systematic approach across roughly 167 Shariah-compliant holdings worldwide. OCF 0.55% with no initial charge, GBP 100 minimum (GBP 25 direct debit) on Hargreaves Lansdown, about GBP 251 million in assets, and 2026-frame performance of +35.7% for the year to 27 April 2026. Shariah compliance is advised by Amanie Advisors. Launched 2021, it spreads wider than HSBC's 100-stock mega-cap universe (US weight ~67% vs ~79%).

A simplified-advice discretionary investment service from one of the UK's longest-running Islamic wealth managers (FCA 511220): answer an online risk questionnaire and Simply Ethical allocates you to one of seven Sharia-compliant model portfolios, from Defensive (67% Franklin Global Sukuk Fund, 20% equities, 12.5% Royal Mint physical gold) to Progressive Growth (77% Schroder Islamic Global Equity Fund, 10% sukuk, 12.5% gold), held in an ISA, GIA or Junior ISA on the Fundment platform. Minimum GBP 1,000, tiered annual fee starting at 0.75% (first GBP 50,999) falling to 0.25% over GBP 1 million, with underlying fund costs of roughly 0.37-0.39%. Five-year average annual returns ranged 4.2% to 13.3% across the portfolios (July 2021 to June 2026). A 180-day risk reassessment keeps allocations on track, and full personal advice is available for larger sums.

Wahed Invest UK

Wahed Stocks & Shares ISA

Wahed's managed halal portfolios inside the UK's tax-free ISA wrapper: up to GBP 20,000 per tax year (2026/27 allowance) grows free of income tax, dividend tax and capital gains tax, invested in the same six risk-tiered Shariah-compliant portfolios as the general account (Wahed DJIW and SPWI ETFs, HSBC Global Sukuk Index Fund, iShares Sukuk ETF, Royal Mint physical gold). Minimum GBP 50, same tiered wrap fee (1% under GBP 250,000), and ISA transfers from other providers are supported. Wahed offers Stocks & Shares ISAs only - no cash or innovative finance ISA - and you can pay into one Stocks & Shares ISA per tax year.

Wahed Invest UK

Wahed Managed Portfolios (General Investment Account)

The UK's flagship halal robo-adviser account: discretionary managed portfolios across six risk tiers (Very Conservative to Very Aggressive) built exclusively from Shariah-compliant building blocks - Wahed's own Dow Jones Islamic World UCITS ETF (DJIW) and S&P 500 Shariah UCITS ETF (SPWI) for equities, the HSBC Global Funds ICAV Global Sukuk Index Fund and iShares Sukuk USD ETF for fixed income, and The Royal Mint Physical Gold ETC (RMAP) for commodities. Open an account in minutes from GBP 50, pick a portfolio via the risk questionnaire, and Wahed handles allocation, monitoring and periodic rebalancing. Fees are tiered: 1% a year on portfolios under GBP 250,000, 0.75% between GBP 250,000 and GBP 1 million, 0.5% above GBP 1 million, charged monthly, with underlying fund costs on top.

Equity crowdfunding in pre-funded UK rental properties from GBP 100, from the first Islamic fintech to win full FCA authorisation (April 2017; Yielders Limited, FRN 745636). Yielders acquires each property debt-free at the prefunding stage, then investors buy shares in the property-owning SPV and receive monthly rental income plus a share of any profit on sale; live listings at crawl showed net projected yields of 4.05% (London IG1) and 5.14% (Bradford BD5). Fees are 2.5% structuring (in the listed property price), 10% of rental income as management fee and 15% profit share on exit, with all projected returns quoted net. Investments run for years with an in-platform secondary market for early exit (no guarantee of buyers). FCA high-risk investment rules apply, including investor categorisation and risk warnings; over 4,000 users since the 2016 launch and, per the company, no missed monthly payment.