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INDY Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
iShares India 50 ETF. Analysis INDY
US Equity Large Cap INDY was created on 2009-11-18 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. INDY tracks a market-cap-weighted index of 50 blue-chip companies traded on the National Stock Exchange of India.
Read More iShares India 50 ETF (INDY) Chart
Key Statistics of iShares India 50 ETF (INDY)
Today's Open
-AUM
$630.72MAvg. Volume
-Expense Ratio
-P/E Ratio
20.77P/B Ratio
3.43FAQ's for iShares India 50 ETF (INDY)
- According to Musaffa’s Shariah screening methodology, iShares India 50 ETF (INDY) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the ETF’s underlying holdings and financial exposure to determine whether it meets 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 India 50 ETF using these criteria to determine its compliance status.
- The Shariah compliance status of iShares India 50 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 India 50 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.