Is FlexShares International Quality Dividend Dynamic 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 Dynamic Index Fund using these criteria to determine its compliance status.

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

The Shariah compliance status of FlexShares International Quality Dividend Dynamic 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 Dynamic Index Fund?

You can check the latest Shariah compliance status of FlexShares International Quality Dividend Dynamic 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 Dynamic Index Fund IQDY

IQDY Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is FlexShares International Quality Dividend Dynamic Index Fund ETF Halal?

Shariah Compliance Analysis of IQDY ETF

US Equity Total Market

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

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

FlexShares International Quality Dividend Dynamic Index Fund (IQDY) Chart

Key Statistics of FlexShares International Quality Dividend Dynamic Index Fund (IQDY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
21.92%
Industrials
13.33%
Consumer Discretionary
11.66%
Information Technology
10.60%
Materials
8.62%
Other
7.39%
Health Care
6.76%
Energy
6.71%
Consumer Staples
5.41%
Communication Services
4.00%
Utilities
1.95%
Real Estate
1.65%

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

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