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iShares Currency Hedged MSCI Japan ETF HEWJ

Is iShares Currency Hedged MSCI Japan ETF Halal?

Shariah Compliance Analysis of HEWJ ETF

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

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

HEWJ Shariah Compliance

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

NOT HALAL

iShares Currency Hedged MSCI Japan ETF (HEWJ) Chart

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