Is Franklin Intelligent Machines ETF halal to invest in?

As of September 2026, Franklin Intelligent Machines ETF IQM 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 Franklin Intelligent Machines 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 Franklin Intelligent Machines ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Franklin Intelligent Machines ETF updated?

The Shariah compliance status of Franklin Intelligent Machines 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 Franklin Intelligent Machines 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 Franklin Intelligent Machines ETF?

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

Franklin Intelligent Machines ETF IQM

IQM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Franklin Intelligent Machines ETF is classified as not halal.

NOT HALAL

Is Franklin Intelligent Machines ETF Halal?

Shariah Compliance Analysis of IQM ETF

US Equity Theme

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

IQM was created on 2020-02-25 by Franklin. The fund's investment portfolio concentrates primarily on theme equity. IQM is an actively managed portfolio of global equity securities of companies that are relevant to intelligent machines.

Franklin Intelligent Machines ETF (IQM) Chart

Key Statistics of Franklin Intelligent Machines ETF (IQM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
61.01%
Industrials
13.37%
Other
13.19%
Health Care
8.35%
Consumer Discretionary
3.09%
Energy
0.99%

FAQ's for Franklin Intelligent Machines ETF (IQM)

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