Is iShares Select Dividend ETF halal to invest in?

As of September 2026, iShares Select Dividend ETF DVY 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 Select Dividend 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 Select Dividend ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Select Dividend ETF updated?

The Shariah compliance status of iShares Select Dividend 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 Select Dividend 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 Select Dividend ETF?

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

iShares Select Dividend ETF DVY

DVY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Select Dividend ETF is classified as not halal.

NOT HALAL

Is iShares Select Dividend ETF Halal?

Shariah Compliance Analysis of DVY ETF

US Equity High Dividend Yield

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

DVY was created on 2003-11-03 by iShares. The fund's investment portfolio concentrates primarily on high dividend yield equity. DVY tracks a dividend-weighted index of US companies. The index selects roughly 100 stocks based on dividend yield from a broad market-cap universe.

iShares Select Dividend ETF (DVY) Chart

Key Statistics of iShares Select Dividend ETF (DVY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Utilities
29.24%
Financials
26.83%
Consumer Staples
9.95%
Materials
7.91%
Consumer Discretionary
6.76%
Communication Services
5.68%
Energy
4.62%
Health Care
3.42%
Information Technology
3.17%
Industrials
2.13%
Other
0.29%

FAQ's for iShares Select Dividend ETF (DVY)

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