Is iShares BBB-B CLO Active ETF halal to invest in?

As of September 2026, iShares BBB-B CLO Active ETF BCLO 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 BBB-B CLO Active 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 BBB-B CLO Active ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares BBB-B CLO Active ETF updated?

The Shariah compliance status of iShares BBB-B CLO Active 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 BBB-B CLO Active 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 BBB-B CLO Active ETF?

You can check the latest Shariah compliance status of iShares BBB-B CLO Active ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares BBB-B CLO Active ETF BCLO

BCLO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares BBB-B CLO Active ETF is classified as not halal.

NOT HALAL

Is iShares BBB-B CLO Active ETF Halal?

Shariah Compliance Analysis of BCLO ETF

US Fixed Income Broad Credit

No. As of September 2026, iShares BBB-B CLO Active ETF (BCLO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares BBB-B CLO Active ETF does not pass Musaffa's business and financial screening criteria.

BCLO was created on 2025-01-29 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 74.08m in AUM and 49 holdings. BCLO actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies.

iShares BBB-B CLO Active ETF (BCLO) Chart

Key Statistics of iShares BBB-B CLO Active ETF (BCLO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for iShares BBB-B CLO Active ETF (BCLO)

As of September 2026, iShares BBB-B CLO Active ETF BCLO 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 BBB-B CLO Active ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares BBB-B CLO Active 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 BBB-B CLO Active ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.