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iShares Currency Hedged MSCI Germany ETF HEWG

Is iShares Currency Hedged MSCI Germany ETF Halal?

Shariah Compliance Analysis of HEWG ETF

No. As of October 2026, iShares Currency Hedged MSCI Germany ETF (HEWG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HEWG was created on 2014-01-31 by iShares. The fund's investment portfolio concentrates primarily on total market equity. HEWG tracks an index of large- and mid-cap German stocks, while fully hedging out its exposure to the euro relative to the US dollar.

HEWG Shariah Compliance

As of October 2026, iShares Currency Hedged MSCI Germany ETF is classified as not halal.

NOT HALAL

iShares Currency Hedged MSCI Germany ETF (HEWG) Chart

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