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NYLI Candriam U.S. Mid Cap Equity ETF IQSM

Is NYLI Candriam U.S. Mid Cap Equity ETF Halal?

Shariah Compliance Analysis of IQSM ETF

No. As of October 2026, NYLI Candriam U.S. Mid Cap Equity ETF (IQSM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

IQSM was created on 2022-10-25 by New York Life Investments. The fund's investment portfolio concentrates primarily on mid cap equity. IQSM tracks a market cap-weighted index that provides exposure to US mid-cap stocks that meet environmental, social, and corporate governance criteria.

IQSM Shariah Compliance

As of October 2026, NYLI Candriam U.S. Mid Cap Equity ETF is classified as not halal.

NOT HALAL

NYLI Candriam U.S. Mid Cap Equity ETF (IQSM) Chart

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