Is WisdomTree FTSE MIB Banks halal to invest in?

As of September 2026, WisdomTree FTSE MIB Banks ITBL.MI 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 WisdomTree FTSE MIB Banks 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 WisdomTree FTSE MIB Banks using these criteria to determine its compliance status.

How often is the Shariah compliance for WisdomTree FTSE MIB Banks updated?

The Shariah compliance status of WisdomTree FTSE MIB Banks may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like WisdomTree FTSE MIB Banks 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 WisdomTree FTSE MIB Banks?

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

WisdomTree FTSE MIB Banks ITBL.MI

ITBL.MI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, WisdomTree FTSE MIB Banks is classified as not halal.

NOT HALAL

Is WisdomTree FTSE MIB Banks ETF Halal?

Shariah Compliance Analysis of ITBL.MI ETF

GB Equity Financials

No. As of September 2026, WisdomTree FTSE MIB Banks (ITBL.MI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. WisdomTree FTSE MIB Banks does not pass Musaffa's business and financial screening criteria.

ITBL.MI was created on 2016-11-28 by WisdomTree. The fund's investment portfolio concentrates primarily on financials equity. WisdomTree FTSE MIB Banks is a fully collateralised, UCITS eligible Exchange Traded Product (ETP).

WisdomTree FTSE MIB Banks (ITBL.MI) Chart

Key Statistics of WisdomTree FTSE MIB Banks (ITBL.MI)

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FAQ's for WisdomTree FTSE MIB Banks (ITBL.MI)

As of September 2026, WisdomTree FTSE MIB Banks ITBL.MI 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 WisdomTree FTSE MIB Banks using these criteria to determine its compliance status.
The Shariah compliance status of WisdomTree FTSE MIB Banks 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 WisdomTree FTSE MIB Banks on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.