Is iShares U.S. Consumer Focused ETF halal to invest in?

As of September 2026, iShares U.S. Consumer Focused ETF IEDI 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 U.S. Consumer Focused 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 U.S. Consumer Focused ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares U.S. Consumer Focused ETF updated?

The Shariah compliance status of iShares U.S. Consumer Focused 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 U.S. Consumer Focused 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 U.S. Consumer Focused ETF?

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

iShares U.S. Consumer Focused ETF IEDI

IEDI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares U.S. Consumer Focused ETF is classified as not halal.

NOT HALAL

Is iShares U.S. Consumer Focused ETF Halal?

Shariah Compliance Analysis of IEDI ETF

US Equity Consumer Discretionary

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

IEDI was created on 2018-03-21 by iShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. IEDI is an actively managed fund of US stocks in the discretionary spending sector according to an alternative classification system defined by machine learning algorithms. The market cap-weighted fund targets an increased exposure to firms with high US Consumer Score.

iShares U.S. Consumer Focused ETF (IEDI) Chart

Key Statistics of iShares U.S. Consumer Focused ETF (IEDI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
63.96%
Consumer Staples
23.84%
Communication Services
4.27%
Industrials
4.25%
Financials
2.06%
Other
0.69%
Information Technology
0.43%
Real Estate
0.30%
Health Care
0.20%

FAQ's for iShares U.S. Consumer Focused ETF (IEDI)

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