Is iShares MSCI France ETF halal to invest in?

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

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

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

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

iShares MSCI France ETF EWQ

EWQ Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is iShares MSCI France ETF Halal?

Shariah Compliance Analysis of EWQ ETF

US Equity Total Market

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

EWQ was created on 1996-03-12 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 387.26m in AUM and 56 holdings. EWQ tracks a market-cap-weighted index of French companies. It covers the top 85% of French companies by market cap.

iShares MSCI France ETF (EWQ) Chart

Key Statistics of iShares MSCI France ETF (EWQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
25.57%
Consumer Discretionary
17.38%
Health Care
11.60%
Financials
10.51%
Consumer Staples
9.64%
Energy
7.49%
Materials
6.21%
Information Technology
3.93%
Communication Services
3.07%
Utilities
2.86%
Real Estate
1.29%
Other
0.45%

FAQ's for iShares MSCI France ETF (EWQ)

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