SKUK: iShares $ Sukuk UCITS ETF
Sukuk fixed income, USD, emerging-market issuers (UCITS) from BlackRock (iShares), 0.40% MER, bought in USD on a European exchange (Euronext Amsterdam or SIX).
Fund facts
Figures as of July 18, 2026 (fee data November 1, 2026); fee confirmed on the provider’s own page.
- Provider
- BlackRock (iShares)
- Type
- Sukuk fixed income, USD, emerging-market issuers (UCITS)
- Listing
- Euronext Amsterdam and SIX Swiss Exchange (no London line) · USD
- MER
- 0.40%
- Inception
- 2024-01-17
- Holdings
- 219
- Distributions
- Quarterly
- Dist. yield
- 4.72% (distribution yield)
What it tracks & who certifies it
J.P. Morgan EM Aggregate Sukuk Index: US-dollar sukuk from emerging-market issuers, including some below investment grade.
Top holdings
A dated snapshot (as of July 18, 2026); the official fund page always carries the live, complete list. These 8 holdings are 9.9% of the fund, out of 219 in total.
- Global Sukuk Ventures QPJSC 4.25%1.39%
- Hazine Mustesarligi Varlik Kiralama AS 8.5091%1.38%
- SA Global Sukuk Ltd 2.694%1.33%
- Hazine Mustesarligi Varlik Kiralama AS 6.5%1.31%
- Hazine Mustesarligi Varlik Kiralama AS 7.25%1.25%
- Hazine Mustesarligi Varlik Kiralama AS 6.75%1.19%
- IsDB Trust Services No. 2 SARL 4.754%1.06%
- IsDB Trust Services No. 2 SARL 4.598%1.03%
How Canadians buy SKUK
UCITS on Euronext Amsterdam and SIX, not London. Canadians reach it through a broker with European access, such as Interactive Brokers; the alternative to SPSK for sukuk exposure.
TER 0.40% per BlackRock's KIID and fact sheet (ISIN IE000929U2U9). About US$214M in assets (BlackRock, October 27, 2026). Its index includes issuers below investment grade, such as Turkey.
Official fund page: live price & full holdings →
Compare SKUK against every halal ETF (fees on your amount) →
Common questions
Is SKUK Shariah-compliant (halal)?
SKUK is screened as follows: J.P. Morgan EM Aggregate Sukuk Index: US-dollar sukuk from emerging-market issuers, including some below investment grade. Screening standards differ between index families, so verify the methodology against the standard you follow before investing.
What does SKUK cost per year?
The management expense ratio is 0.40% per year: about $40 annually on a $10,000 holding, deducted inside the fund rather than billed to you.
Can Canadians hold SKUK in a TFSA or RRSP?
Yes, where your broker offers access to European exchanges such as Euronext Amsterdam or SIX (for example Interactive Brokers Canada). It is an Irish UCITS fund, so it carries no US estate-tax exposure.