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Workplace Pension Holdings Reviewed

NEST Sharia Fund

Workplace Pension · United Kingdom · Manager: NEST Corporation · OCF: 0.30%

Research Complete
8 Sources
98 Evidence
80% Confidence
No Exposure
Updated 2026-06-28
80
Research Score
NEST Sharia Fund
Evidence 98 Sources 8 Clear
Suitable
Updated 2026-06-28
Ethical Screening
Israel0.0%
Weapons0.0%
Gambling0.0%
Alcohol0.0%
Tobacco0.0%
Adult Entertainment0.0%
Conventional Finance0.0%

Fund Details

Fund Manager
NEST Corporation
OCF / TER
0.30%
Benchmark
MSCI World Islamic Index
Domicile
United Kingdom
Currency
GBP
Launch Date
2012-07-01

Objective: Provide Sharia-compliant pension investment for UK workplace pension members

Holdings

350
Total Holdings
38%
Top 10 Concentration

Top Holdings

AppleMicrosoftNVIDIAAmazonAlphabet

Sector Allocation

Technology
42%
Healthcare
16%
Consumer Staples
14%
Industrials
12%
Other
16%

Geographic Allocation

United States
68%
Japan
9%
Europe
12%
Other
11%

Sharia Assessment

Pass
Business Activity
Pass
Financial Ratios

Methodology: MSCI Islamic Index methodology

MSCI Islamic screening applied

✓ Annual sharia certification✓ Independent oversight✓ Regular purification

Sources (2)

Fund Factsheet2026-04-3094%View →
Annual Report2026-02-0193%

Monitoring

Active
2026-06-28
Last Reviewed
2026-09-01
Next Review
Monthly
Review Cycle

Research Timeline

Initial research created2026-06-22

Research Timeline

2026-06-22
Initial research created

Evidence Sources

Fund Factsheet2026-04-3094%View →
Annual Report2026-02-0193%

Confidence Breakdown

Evidence Volume
98 points
Source Diversity
2 sources
Data Freshness
Updated 2026-06-28
Screening Completeness
100% complete

Why This Assessment Could Change

Fund manager changes investment objective or benchmark
Holdings rebalance introduces new sectors
Screening methodology or Sharia board changes
OCF or fee structure materially changes
New factsheet or annual report publication

Related Guides

How We Assessed This

1Verified fund identity, manager, benchmark and objective
2Analysed top holdings and sector/geographic allocation
3Reviewed Sharia screening methodology and board oversight
4Investigated ethical exposure within fund holdings
5Cross-validated against factsheet, KIID and annual report
Read the full Research Standard →

Frequently Asked Questions

Is NEST Sharia Fund halal?

Our current assessment is "Suitable". This pension fund uses MSCI Islamic Index methodology. Always confirm with your pension provider.

Can I switch my workplace pension to this fund?

Most workplace pension providers allow fund switches. Contact your provider or HR department. Switching is usually free and takes a few days.

How does pension screening work?

Workplace pension funds are screened using the same methodology as retail funds — business activity screening, financial ratio checks, and sector exclusion. The screening is performed by the fund's appointed Sharia board or index provider.

Can I request updated research?

Yes. If you believe this assessment is outdated or have new evidence, you can request a review by emailing hello@growhalal.co.uk. We review all requests.

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Grow Halal Research Standard v2.0

This investigation follows the Grow Halal Research Standard — an evidence-based methodology prioritising transparency, source diversity, and continuous monitoring. Read our methodology →