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iShares S&P 500 BuyWrite ETF IVVW

Is iShares S&P 500 BuyWrite ETF Halal?

Shariah Compliance Analysis of IVVW ETF

No. As of October 2026, iShares S&P 500 BuyWrite ETF (IVVW) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

IVVW was created on 2024-03-14 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. IVVW is passively managed, aiming to participate in the price movement of US large-cap stocks, up to a certain cap, while also providing enhanced monthly income through a covered call option writing strategy. The fund-of-fund holds shares of the iShares Core S&P 500 ETF (IVV) while simultaneously writing one-month call options.

IVVW Shariah Compliance

As of October 2026, iShares S&P 500 BuyWrite ETF is classified as not halal.

NOT HALAL

iShares S&P 500 BuyWrite ETF (IVVW) Chart

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