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iShares US Fundamental Index ETF CLU.NE

Is iShares US Fundamental Index ETF Halal?

Shariah Compliance Analysis of CLU.NE ETF

No. As of October 2026, iShares US Fundamental Index ETF (CLU.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CLU.NE was created on 2006-09-08 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The fund tracks an index of US total-market equity securities, selected and weighted based on four fundamental factors: dividends, cash flow, sales, and book value.

CLU.NE Shariah Compliance

As of October 2026, iShares US Fundamental Index ETF is classified as not halal.

NOT HALAL

iShares US Fundamental Index ETF (CLU.NE) Chart

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