As of September 2026, iShares BIC 50 UCITS ETF is classified as not halal.
NOT HALAL
Is iShares BIC 50 UCITS ETF Halal?
Shariah Compliance Analysis of BRIC.L ETF
GB Equity Large Cap
No. As of September 2026, iShares BIC 50 UCITS ETF (BRIC.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares BIC 50 UCITS ETF does not pass Musaffa's business and financial screening criteria.
BRIC.L was created on 2007-04-20 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 113.68m in AUM and 53 holdings. The investment objective of this Fund is to provide investors with a total return, taking into account both capitalrnand income returns, which reflects the return of the FTSE BRIC.L 50 Net of Tax Index.
iShares BIC 50 UCITS ETF (BRIC.L) Chart
Key Statistics of iShares BIC 50 UCITS ETF (BRIC.L)
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FAQ's for iShares BIC 50 UCITS ETF (BRIC.L)
As of September 2026, iShares BIC 50 UCITS ETF BRIC.L 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 BIC 50 UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares BIC 50 UCITS 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 BIC 50 UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.