ISDE.L is trading 3.1% higher today as risk appetite returns to emerging markets following reports of a U.S.–Iran ceasefire and a broader global equity rally.

  • The ETF, which tracks the MSCI Emerging Markets Islamic index, is rebounding from recent risk-off selling triggered by Middle East tensions and general emerging market de-risking.
  • Improved geopolitical stability and a constructive global market tone on June 29, 2026, are driving renewed interest in Sharia-compliant equities and broader emerging market assets.