As of September 2026, iShares U.S. Utilities ETF is classified as not halal.
NOT HALAL
Is iShares U.S. Utilities ETF Halal?
Shariah Compliance Analysis of IDU ETF
US Equity Utilities
No. As of September 2026, iShares U.S. Utilities ETF (IDU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares U.S. Utilities ETF does not pass Musaffa's business and financial screening criteria.
IDU was created on 2000-06-12 by iShares. The fund's investment portfolio concentrates primarily on utilities equity. IDU tracks a broad, market-cap-weighted index of US utilities stocks.
iShares U.S. Utilities ETF (IDU) Chart
Key Statistics of iShares U.S. Utilities ETF (IDU)
Today's Open
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AUM
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Avg. Volume
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Expense Ratio
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P/E Ratio
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P/B Ratio
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Sector Exposure
Utilities
89.11%
Industrials
10.45%
Other
0.44%
FAQ's for iShares U.S. Utilities ETF (IDU)
As of September 2026, iShares U.S. Utilities ETF IDU 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 U.S. Utilities ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares U.S. Utilities 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 U.S. Utilities ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.