Is iShares U.S. Oil Equipment & Services ETF halal to invest in?

As of September 2026, iShares U.S. Oil Equipment & Services ETF IEZ 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 Equipment & Services 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 Equipment & Services ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares U.S. Oil Equipment & Services ETF updated?

The Shariah compliance status of iShares U.S. Oil Equipment & Services 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 Equipment & Services 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 Equipment & Services ETF?

You can check the latest Shariah compliance status of iShares U.S. Oil Equipment & Services 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 Equipment & Services ETF IEZ

IEZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares U.S. Oil Equipment & Services ETF is classified as halal.

HALAL

Is iShares U.S. Oil Equipment & Services ETF Halal?

Shariah Compliance Analysis of IEZ ETF

US Equity Energy

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

IEZ was created on 2006-05-01 by iShares. The fund's investment portfolio concentrates primarily on energy equity. IEZ tracks a market-cap-weighted index of domestic companies that are suppliers of equipment or services to oil fields and offshore platforms.

iShares U.S. Oil Equipment & Services ETF (IEZ) Chart

Key Statistics of iShares U.S. Oil Equipment & Services ETF (IEZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
99.45%
Other
0.55%

FAQ's for iShares U.S. Oil Equipment & Services ETF (IEZ)

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