Is NYLI 500 International ETF halal to invest in?

As of September 2026, NYLI 500 International ETF IQIN 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 NYLI 500 International 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 NYLI 500 International ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for NYLI 500 International ETF updated?

The Shariah compliance status of NYLI 500 International 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 NYLI 500 International 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 NYLI 500 International ETF?

You can check the latest Shariah compliance status of NYLI 500 International ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

NYLI 500 International ETF IQIN

IQIN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, NYLI 500 International ETF is classified as not halal.

NOT HALAL

Is NYLI 500 International ETF Halal?

Shariah Compliance Analysis of IQIN ETF

US Equity Total Market

No. As of September 2026, NYLI 500 International ETF (IQIN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NYLI 500 International ETF does not pass Musaffa's business and financial screening criteria.

IQIN was created on 2018-12-13 by New York Life Investments. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 99.22m in AUM and 501 holdings. IQIN tracks an index of developed market ex-US stocks. The index uses fundamental factors for selection and weighting.

NYLI 500 International ETF (IQIN) Chart

Key Statistics of NYLI 500 International ETF (IQIN)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
21.98%
Consumer Discretionary
12.58%
Financials
11.20%
Consumer Staples
11.05%
Materials
9.15%
Energy
7.61%
Communication Services
7.15%
Health Care
7.05%
Utilities
6.51%
Information Technology
4.74%
Other
0.98%

FAQ's for NYLI 500 International ETF (IQIN)

As of September 2026, NYLI 500 International ETF IQIN 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 NYLI 500 International ETF using these criteria to determine its compliance status.
The Shariah compliance status of NYLI 500 International 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 NYLI 500 International ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.