Is iShares iBoxx $ High Yield Corporate Bond ETF halal to invest in?

As of September 2026, iShares iBoxx $ High Yield Corporate Bond ETF HYG 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 iBoxx $ High Yield Corporate Bond 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 iBoxx $ High Yield Corporate Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares iBoxx $ High Yield Corporate Bond ETF updated?

The Shariah compliance status of iShares iBoxx $ High Yield Corporate Bond 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 iBoxx $ High Yield Corporate Bond 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 iBoxx $ High Yield Corporate Bond ETF?

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

iShares iBoxx $ High Yield Corporate Bond ETF HYG

HYG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares iBoxx $ High Yield Corporate Bond ETF is classified as not halal.

NOT HALAL

Is iShares iBoxx $ High Yield Corporate Bond ETF Halal?

Shariah Compliance Analysis of HYG ETF

US Fixed Income High Yield

No. As of September 2026, iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares iBoxx $ High Yield Corporate Bond ETF does not pass Musaffa's business and financial screening criteria.

HYG was created on 2007-04-04 by iShares. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 19972.35m in AUM and 1325 holdings. HYG tracks a market-weighted index of US high-yield corporate debt.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) Chart

Key Statistics of iShares iBoxx $ High Yield Corporate Bond ETF (HYG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for iShares iBoxx $ High Yield Corporate Bond ETF (HYG)

As of September 2026, iShares iBoxx $ High Yield Corporate Bond ETF HYG 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 iBoxx $ High Yield Corporate Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares iBoxx $ High Yield Corporate Bond 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 iBoxx $ High Yield Corporate Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.