Is iShares MSCI Singapore ETF halal to invest in?

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

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

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

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

iShares MSCI Singapore ETF EWS

EWS Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is iShares MSCI Singapore ETF Halal?

Shariah Compliance Analysis of EWS ETF

US Equity Total Market

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

EWS was created on 1996-03-12 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 777.05m in AUM and 17 holdings. EWS tracks a market-cap-weighted index of Singaporean firms, covering top 85% of the market subjected to diversification requirements.

iShares MSCI Singapore ETF (EWS) Chart

Key Statistics of iShares MSCI Singapore ETF (EWS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
51.04%
Industrials
17.50%
Communication Services
9.56%
Real Estate
9.17%
Consumer Staples
4.45%
Consumer Discretionary
4.13%
Utilities
4.01%
Other
0.14%

FAQ's for iShares MSCI Singapore ETF (EWS)

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