ISDE.L is trading at $34.67 (-5.20%) as broad emerging-market equity weakness and a global risk-off shift pressure the MSCI Emerging Markets Islamic index.
- The ETF is extending a sharp pullback from the $36–37 range seen in recent sessions.
- Escalating Middle East geopolitical tensions, including US–Iran missile and drone exchanges near the Strait of Hormuz, have hit risk assets in regions prominent within EM Islamic benchmarks.