Is iShares MSCI Austria ETF halal to invest in?

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

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

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

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

iShares MSCI Austria ETF EWO

EWO Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is iShares MSCI Austria ETF Halal?

Shariah Compliance Analysis of EWO ETF

US Equity Total Market

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

EWO was created on 1996-03-12 by iShares. The fund's investment portfolio concentrates primarily on total market equity. EWO tracks a market-cap-weighted index of Austrian firms that covers the entire market-cap spectrum.

iShares MSCI Austria ETF (EWO) Chart

Key Statistics of iShares MSCI Austria ETF (EWO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
37.58%
Industrials
14.32%
Utilities
13.25%
Energy
12.83%
Materials
11.70%
Real Estate
5.14%
Other
3.13%
Information Technology
2.05%

FAQ's for iShares MSCI Austria ETF (EWO)

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