Is iShares Convertible Bond ETF halal to invest in?

As of September 2026, iShares Convertible Bond ETF ICVT 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 Convertible 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 Convertible Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Convertible Bond ETF updated?

The Shariah compliance status of iShares Convertible 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 Convertible 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 Convertible Bond ETF?

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

iShares Convertible Bond ETF ICVT

ICVT Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Convertible Bond ETF is classified as not halal.

NOT HALAL

Is iShares Convertible Bond ETF Halal?

Shariah Compliance Analysis of ICVT ETF

US Fixed Income Broad Credit

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

ICVT was created on 2015-06-02 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 4035.65m in AUM and 372 holdings. ICVT tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles.

iShares Convertible Bond ETF (ICVT) Chart

Key Statistics of iShares Convertible Bond ETF (ICVT)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
99.95%
Communication Services
0.05%

FAQ's for iShares Convertible Bond ETF (ICVT)

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