Is iShares U.S. Oil & Gas Exploration & Production ETF halal to invest in?

As of September 2026, iShares U.S. Oil & Gas Exploration & Production ETF IEO is classified as 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. Oil & Gas Exploration & Production 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. Oil & Gas Exploration & Production ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares U.S. Oil & Gas Exploration & Production ETF updated?

The Shariah compliance status of iShares U.S. Oil & Gas Exploration & Production 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. Oil & Gas Exploration & Production 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. Oil & Gas Exploration & Production ETF?

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

iShares U.S. Oil & Gas Exploration & Production ETF IEO

IEO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares U.S. Oil & Gas Exploration & Production ETF is classified as halal.

HALAL

Is iShares U.S. Oil & Gas Exploration & Production ETF Halal?

Shariah Compliance Analysis of IEO ETF

US Equity Energy

Yes. As of September 2026, iShares U.S. Oil & Gas Exploration & Production ETF (IEO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares U.S. Oil & Gas Exploration & Production ETF passes Musaffa's business and financial screening criteria.

IEO was created on 2006-05-01 by iShares. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 639.51m in AUM and 48 holdings. IEO tracks a market cap weighted index of companies in the U.S. oil and gas exploration and production space according to Dow Jones.

iShares U.S. Oil & Gas Exploration & Production ETF (IEO) Chart

Key Statistics of iShares U.S. Oil & Gas Exploration & Production ETF (IEO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
99.80%
Other
0.20%

FAQ's for iShares U.S. Oil & Gas Exploration & Production ETF (IEO)

As of September 2026, iShares U.S. Oil & Gas Exploration & Production ETF IEO is classified as 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. Oil & Gas Exploration & Production ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares U.S. Oil & Gas Exploration & Production 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. Oil & Gas Exploration & Production ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.