Is iShares MSCI EAFE ETF halal to invest in?

As of September 2026, iShares MSCI EAFE ETF EFA 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 MSCI EAFE 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 MSCI EAFE ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares MSCI EAFE ETF updated?

The Shariah compliance status of iShares MSCI EAFE 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 MSCI EAFE 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 MSCI EAFE ETF?

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

iShares MSCI EAFE ETF EFA

EFA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares MSCI EAFE ETF is classified as not halal.

NOT HALAL

Is iShares MSCI EAFE ETF Halal?

Shariah Compliance Analysis of EFA ETF

US Equity Total Market

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

EFA was created on 2001-08-14 by iShares. The fund's investment portfolio concentrates primarily on total market equity. EFA tracks a market-cap-weighted index of developed-market securities based in Europe, Australia and the Far East. It excludes the US and Canada, and small-caps.

iShares MSCI EAFE ETF (EFA) Chart

Key Statistics of iShares MSCI EAFE ETF (EFA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
20.07%
Industrials
16.50%
Health Care
13.84%
Consumer Discretionary
10.72%
Information Technology
8.81%
Consumer Staples
8.57%
Materials
6.29%
Communication Services
4.22%
Energy
3.75%
Utilities
3.30%
Real Estate
2.11%
Other
1.82%

FAQ's for iShares MSCI EAFE ETF (EFA)

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