Is FlexShares International Quality Dividend Index Fund halal to invest in?

As of September 2026, FlexShares International Quality Dividend Index Fund IQDF 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 FlexShares International Quality Dividend Index Fund 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 FlexShares International Quality Dividend Index Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for FlexShares International Quality Dividend Index Fund updated?

The Shariah compliance status of FlexShares International Quality Dividend Index Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of FlexShares International Quality Dividend Index Fund?

You can check the latest Shariah compliance status of FlexShares International Quality Dividend Index Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

FlexShares International Quality Dividend Index Fund IQDF

IQDF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, FlexShares International Quality Dividend Index Fund is classified as not halal.

NOT HALAL

Is FlexShares International Quality Dividend Index Fund ETF Halal?

Shariah Compliance Analysis of IQDF ETF

US Equity Total Market

No. As of September 2026, FlexShares International Quality Dividend Index Fund (IQDF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. FlexShares International Quality Dividend Index Fund does not pass Musaffa's business and financial screening criteria.

IQDF was created on 2013-04-12 by FlexShares. The fund's investment portfolio concentrates primarily on total market equity. IQDF tracks an index of non-US companies from developed and emerging markets selected by dividend payments and other fundamentals. The index aims for market-like risk.

FlexShares International Quality Dividend Index Fund (IQDF) Chart

Key Statistics of FlexShares International Quality Dividend Index Fund (IQDF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
21.52%
Information Technology
10.75%
Industrials
10.47%
Consumer Discretionary
8.39%
Consumer Staples
8.32%
Materials
8.10%
Health Care
7.82%
Communication Services
6.86%
Energy
6.75%
Other
6.51%
Utilities
2.61%
Real Estate
1.90%

FAQ's for FlexShares International Quality Dividend Index Fund (IQDF)

As of September 2026, FlexShares International Quality Dividend Index Fund IQDF 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 FlexShares International Quality Dividend Index Fund using these criteria to determine its compliance status.
The Shariah compliance status of FlexShares International Quality Dividend Index Fund 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 FlexShares International Quality Dividend Index Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.