Is iShares Advantage Large Cap Income ETF halal to invest in?

As of September 2026, iShares Advantage Large Cap Income ETF BALI 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 Advantage Large Cap Income 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 Advantage Large Cap Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Advantage Large Cap Income ETF updated?

The Shariah compliance status of iShares Advantage Large Cap Income 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 Advantage Large Cap Income 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 Advantage Large Cap Income ETF?

You can check the latest Shariah compliance status of iShares Advantage Large Cap Income ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares Advantage Large Cap Income ETF BALI

BALI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Advantage Large Cap Income ETF is classified as not halal.

NOT HALAL

Is iShares Advantage Large Cap Income ETF Halal?

Shariah Compliance Analysis of BALI ETF

US Equity Large Cap

No. As of September 2026, iShares Advantage Large Cap Income ETF (BALI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares Advantage Large Cap Income ETF does not pass Musaffa's business and financial screening criteria.

BALI was created on 2023-09-26 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. BALI is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods.

iShares Advantage Large Cap Income ETF (BALI) Chart

Key Statistics of iShares Advantage Large Cap Income ETF (BALI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
29.91%
Information Technology
22.26%
Health Care
8.94%
Financials
8.71%
Industrials
6.82%
Consumer Discretionary
6.24%
Communication Services
5.63%
Consumer Staples
5.12%
Energy
2.52%
Utilities
2.07%
Real Estate
0.91%
Materials
0.87%

FAQ's for iShares Advantage Large Cap Income ETF (BALI)

As of September 2026, iShares Advantage Large Cap Income ETF BALI 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 Advantage Large Cap Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares Advantage Large Cap Income 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 Advantage Large Cap Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.