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iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN FRMXNXN.MX

Is iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN Halal?

Shariah Compliance Analysis of FRMXNXN.MX ETF

No. As of October 2026, iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN (FRMXNXN.MX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FRMXNXN.MX was created on 2018-08-31 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the Bloomberg Barclays US Floating Rate Note < 5 Years Index.

FRMXNXN.MX Shariah Compliance

As of October 2026, iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN is classified as not halal.

NOT HALAL

iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN (FRMXNXN.MX) Chart

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