Is iShares U.S. Medical Devices ETF halal to invest in?

As of August 2026, iShares U.S. Medical Devices ETF IHI 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. Medical Devices 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. Medical Devices ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares U.S. Medical Devices ETF updated?

The Shariah compliance status of iShares U.S. Medical Devices 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. Medical Devices 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. Medical Devices ETF?

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

iShares U.S. Medical Devices ETF IHI

IHI Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, iShares U.S. Medical Devices ETF is classified as halal.

HALAL

iShares U.S. Medical Devices ETF. Analysis IHI

US Equity Health Care

IHI was created on 2006-05-01 by iShares. The fund's investment portfolio concentrates primarily on health care equity. IHI tracks a market-cap-weighted index of manufacturers and distributors of medical devices in the US.

iShares U.S. Medical Devices ETF (IHI) Chart

Key Statistics of iShares U.S. Medical Devices ETF (IHI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
99.88%
Other
0.12%

FAQ's for iShares U.S. Medical Devices ETF (IHI)

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