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iShares Micro-Cap ETF IWC

Is iShares Micro-Cap ETF Halal?

Shariah Compliance Analysis of IWC ETF

No. As of October 2026, iShares Micro-Cap ETF (IWC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

IWC was created on 2005-08-12 by iShares. The fund's investment portfolio concentrates primarily on micro cap equity. IWC tracks a market-cap-weighted index of U.S. micro-cap stocks. The index selects the smallest 1000 stocks in the Russell 2000 Index.

IWC Shariah Compliance

As of October 2026, iShares Micro-Cap ETF is classified as not halal.

NOT HALAL

iShares Micro-Cap ETF (IWC) Chart

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