Is iShares U.S. Industry Rotation Active ETF halal to invest in?

As of September 2026, iShares U.S. Industry Rotation Active ETF INRO 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 U.S. Industry Rotation Active 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. Industry Rotation Active ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares U.S. Industry Rotation Active ETF updated?

The Shariah compliance status of iShares U.S. Industry Rotation Active 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. Industry Rotation Active 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. Industry Rotation Active ETF?

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

iShares U.S. Industry Rotation Active ETF INRO

INRO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares U.S. Industry Rotation Active ETF is classified as not halal.

NOT HALAL

Is iShares U.S. Industry Rotation Active ETF Halal?

Shariah Compliance Analysis of INRO ETF

US Equity Total Market

No. As of September 2026, iShares U.S. Industry Rotation Active ETF (INRO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares U.S. Industry Rotation Active ETF does not pass Musaffa's business and financial screening criteria.

INRO was created on 2024-03-26 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 31.86m in AUM and 482 holdings. INRO seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance.

iShares U.S. Industry Rotation Active ETF (INRO) Chart

Key Statistics of iShares U.S. Industry Rotation Active ETF (INRO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
33.77%
Consumer Discretionary
14.88%
Communication Services
14.36%
Industrials
7.41%
Utilities
6.80%
Other
5.38%
Financials
4.02%
Energy
4.01%
Consumer Staples
3.99%
Health Care
3.54%
Materials
1.00%
Real Estate
0.84%

FAQ's for iShares U.S. Industry Rotation Active ETF (INRO)

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