Is iShares Future Cloud 5G and Tech ETF halal to invest in?

As of September 2026, iShares Future Cloud 5G and Tech ETF IDAT 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 Future Cloud 5G and Tech 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 Future Cloud 5G and Tech ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Future Cloud 5G and Tech ETF updated?

The Shariah compliance status of iShares Future Cloud 5G and Tech 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 Future Cloud 5G and Tech 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 Future Cloud 5G and Tech ETF?

You can check the latest Shariah compliance status of iShares Future Cloud 5G and Tech ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares Future Cloud 5G and Tech ETF IDAT

IDAT Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Future Cloud 5G and Tech ETF is classified as not halal.

NOT HALAL

Is iShares Future Cloud 5G and Tech ETF Halal?

Shariah Compliance Analysis of IDAT ETF

US Equity Information Technology

No. As of September 2026, iShares Future Cloud 5G and Tech ETF (IDAT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares Future Cloud 5G and Tech ETF does not pass Musaffa's business and financial screening criteria.

IDAT was created on 2021-06-08 by iShares. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 8.87m in AUM and 4 holdings. IDAT tracks an index of global technology companies that focus on two primary themes: cloud computing and 5G. Holdings are weighted by market-cap within each theme.

iShares Future Cloud 5G and Tech ETF (IDAT) Chart

Key Statistics of iShares Future Cloud 5G and Tech ETF (IDAT)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
84.46%
Real Estate
6.55%
Communication Services
6.11%
Materials
2.61%
Other
0.27%

FAQ's for iShares Future Cloud 5G and Tech ETF (IDAT)

As of September 2026, iShares Future Cloud 5G and Tech ETF IDAT 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 Future Cloud 5G and Tech ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares Future Cloud 5G and Tech 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 Future Cloud 5G and Tech ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.