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iShares India 50 ETF INDY

Is iShares India 50 ETF Halal?

Shariah Compliance Analysis of INDY ETF

No. As of September 2026, iShares India 50 ETF (INDY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

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.

INDY Shariah Compliance

As of September 2026, iShares India 50 ETF is classified as not halal.

NOT HALAL

iShares India 50 ETF (INDY) Chart

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