Is iShares MSCI ACWI ex U.S. ETF halal to invest in?

As of September 2026, iShares MSCI ACWI ex U.S. ETF ACWX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is iShares MSCI ACWI ex U.S. ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes iShares MSCI ACWI ex U.S. ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares MSCI ACWI ex U.S. ETF updated?

The Shariah compliance status of iShares MSCI ACWI ex U.S. ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like iShares MSCI ACWI ex U.S. ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of iShares MSCI ACWI ex U.S. ETF?

You can check the latest Shariah compliance status of iShares MSCI ACWI ex U.S. ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares MSCI ACWI ex U.S. ETF ACWX

ACWX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares MSCI ACWI ex U.S. ETF is classified as not halal.

NOT HALAL

Is iShares MSCI ACWI ex U.S. ETF Halal?

Shariah Compliance Analysis of ACWX ETF

US Equity Total Market

No. As of September 2026, iShares MSCI ACWI ex U.S. ETF (ACWX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares MSCI ACWI ex U.S. ETF does not pass Musaffa's business and financial screening criteria.

ACWX was created on 2008-03-26 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 7875.7m in AUM and 1728 holdings. ACWX tracks the performance of a market-cap-weighted index of international stocks. It captures 85% of the publicly available market, thus excluding small-caps.

iShares MSCI ACWI ex U.S. ETF (ACWX) Chart

Key Statistics of iShares MSCI ACWI ex U.S. ETF (ACWX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
21.35%
Industrials
13.53%
Information Technology
12.65%
Consumer Discretionary
9.61%
Health Care
9.23%
Consumer Staples
7.14%
Materials
6.75%
Communication Services
5.14%
Other
4.93%
Energy
4.75%
Utilities
3.14%
Real Estate
1.78%

FAQ's for iShares MSCI ACWI ex U.S. ETF (ACWX)

As of September 2026, iShares MSCI ACWI ex U.S. ETF ACWX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes iShares MSCI ACWI ex U.S. ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares MSCI ACWI ex U.S. ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of iShares MSCI ACWI ex U.S. ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.