Is iShares Expanded Tech Sector ETF halal to invest in?

As of September 2026, iShares Expanded Tech Sector ETF IGM 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 Expanded Tech Sector 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 Expanded Tech Sector ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Expanded Tech Sector ETF updated?

The Shariah compliance status of iShares Expanded Tech Sector 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 Expanded Tech Sector 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 Expanded Tech Sector ETF?

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

iShares Expanded Tech Sector ETF IGM

IGM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Expanded Tech Sector ETF is classified as not halal.

NOT HALAL

Is iShares Expanded Tech Sector ETF Halal?

Shariah Compliance Analysis of IGM ETF

US Equity Theme

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

IGM was created on 2001-03-13 by iShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 8944.12m in AUM and 291 holdings. IGM tracks a market-cap-weighted index of US and Canadian technology companies.

iShares Expanded Tech Sector ETF (IGM) Chart

Key Statistics of iShares Expanded Tech Sector ETF (IGM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
78.42%
Communication Services
17.54%
Other
4.04%

FAQ's for iShares Expanded Tech Sector ETF (IGM)

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