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iShares ESG Optimized MSCI USA Min Vol Factor ETF ESMV

ESMV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares ESG Optimized MSCI USA Min Vol Factor ETF is classified as not halal.

NOT HALAL

Is iShares ESG Optimized MSCI USA Min Vol Factor ETF Halal?

Shariah Compliance Analysis of ESMV ETF

US Equity Total Market

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

iShares ESG Optimized MSCI USA Min Vol Factor ETF (ESMV) Chart

Key Statistics of iShares ESG Optimized MSCI USA Min Vol Factor ETF (ESMV)

Today's Open

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AUM

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Avg. Volume

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Expense Ratio

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P/E Ratio

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P/B Ratio

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Sector Exposure
  • Information Technology
    25.10%
  • Health Care
    16.41%
  • Industrials
    13.76%
  • Consumer Staples
    10.61%
  • Financials
    10.25%
  • Consumer Discretionary
    6.04%
  • Utilities
    5.42%
  • Communication Services
    4.56%
  • Energy
    3.64%
  • Materials
    2.79%
  • Real Estate
    1.21%
  • Other
    0.21%

FAQ's for iShares ESG Optimized MSCI USA Min Vol Factor ETF (ESMV)

  • As of September 2026, iShares ESG Optimized MSCI USA Min Vol Factor ETF ESMV 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 Optimized MSCI USA Min Vol Factor ETF using these criteria to determine its compliance status.
  • The Shariah compliance status of iShares ESG Optimized MSCI USA Min Vol Factor 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 Optimized MSCI USA Min Vol Factor ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.