Islamic Global Shares fund performance in 2025

Fund overview

• The HSBC Islamic Global Shares fund tracks a Shariah-compliant global equity benchmark, excluding companies involved in interest-based finance and certain other activities.
• The index has a strong weighting toward technology, consumer, and healthcare stocks.

 

Performance trend

• The index delivered mid-teens gains in 2025, broadly in line with global equity markets.
• Performance benefited from exposure to large global growth companies that met Shariah criteria.

 

Key drivers of performance

• Technology stocks were the largest contributors, reflecting strong global demand for AI and digital services.
• Exclusion of traditional banks reduced exposure to interest-rate-sensitive financials.
• Investor demand for ethical and faith-based investing remained supportive.

 

Periods of volatility

• The index experienced volatility during technology market pullbacks.
• Performance diverged at times from conventional global indices due to sector exclusions.

 

Summary

In 2025, the HSBC Islamic Global Equity Index delivered competitive returns while adhering to Shariah principles. Its strong technology exposure supported growth, though exclusions meant performance differed from conventional global benchmarks at times.