Is iShares FinTech Active ETF halal to invest in?

As of September 2026, iShares FinTech Active ETF BPAY 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 FinTech 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 FinTech Active ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares FinTech Active ETF updated?

The Shariah compliance status of iShares FinTech 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 FinTech 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 FinTech Active ETF?

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

iShares FinTech Active ETF BPAY

BPAY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares FinTech Active ETF is classified as not halal.

NOT HALAL

Is iShares FinTech Active ETF Halal?

Shariah Compliance Analysis of BPAY ETF

US Equity Theme

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

BPAY was created on 2022-08-16 by iShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 10.02m in AUM and 44 holdings. BPAY is an actively managed fund of global companies involved in innovative technologies used and applied in financial services.

iShares FinTech Active ETF (BPAY) Chart

Key Statistics of iShares FinTech Active ETF (BPAY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
89.30%
Other
6.74%
Information Technology
3.96%

FAQ's for iShares FinTech Active ETF (BPAY)

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