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NYLI CBRE Real Assets ETF IQRA
IQRA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, NYLI CBRE Real Assets ETF is classified as not halal.
NOT HALAL
Is NYLI CBRE Real Assets ETF Halal?
Shariah Compliance Analysis of IQRA ETF
No. As of September 2026, NYLI CBRE Real Assets ETF (IQRA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NYLI CBRE Real Assets ETF does not pass Musaffa's business and financial screening criteria.
IQRA was created on 2023-05-10 by New York Life Investments. The fund's investment portfolio concentrates primarily on theme equity. IQRA is an actively managed equity strategy that invests globally in companies tied to real assets, such as infrastructure and real estate. The fund seeks total return through growth and income.
NYLI CBRE Real Assets ETF (IQRA) Chart
Key Statistics of NYLI CBRE Real Assets ETF (IQRA)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Real Estate51.27%
- Utilities26.69%
- Industrials12.26%
- Energy5.43%
- Other1.68%
- Communication Services1.58%
- Consumer Discretionary0.66%
- Health Care0.43%
FAQ's for NYLI CBRE Real Assets ETF (IQRA)
- As of September 2026, NYLI CBRE Real Assets ETF IQRA 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 CBRE Real Assets ETF using these criteria to determine its compliance status.
- The Shariah compliance status of NYLI CBRE Real Assets 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 CBRE Real Assets ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
