Is iShares ESG Aware MSCI EM ETF halal to invest in?

As of September 2026, iShares ESG Aware MSCI EM ETF ESGE 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 ESG Aware MSCI EM 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 ESG Aware MSCI EM ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares ESG Aware MSCI EM ETF updated?

The Shariah compliance status of iShares ESG Aware MSCI EM 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 ESG Aware MSCI EM 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 ESG Aware MSCI EM ETF?

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

iShares ESG Aware MSCI EM ETF ESGE

ESGE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares ESG Aware MSCI EM ETF is classified as not halal.

NOT HALAL

Is iShares ESG Aware MSCI EM ETF Halal?

Shariah Compliance Analysis of ESGE ETF

US Equity Total Market

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

ESGE was created on 2016-06-28 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 5568.84m in AUM and 290 holdings. ESGE tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk/return of the market.

iShares ESG Aware MSCI EM ETF (ESGE) Chart

Key Statistics of iShares ESG Aware MSCI EM ETF (ESGE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
22.27%
Financials
22.20%
Other
13.73%
Consumer Discretionary
10.87%
Communication Services
8.32%
Industrials
4.60%
Consumer Staples
4.38%
Materials
4.21%
Energy
3.10%
Health Care
3.03%
Utilities
2.23%
Real Estate
1.06%

FAQ's for iShares ESG Aware MSCI EM ETF (ESGE)

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