ISDE.L is trading at $34.40 (+4.56%) as a broader risk-on shift in emerging markets takes hold following the easing of U.S.–Iran tensions and stabilization of oil prices.

  • The ETF tracked a rally in the MSCI Emerging Markets Islamic Index, benefiting from an investor rotation back into higher-beta risk exposure.
  • Gains are consistent with previous momentum driven by firmer oil prices and improved sentiment across emerging market assets.