Is iShares Russell 2000 Growth ETF halal to invest in?

As of September 2026, iShares Russell 2000 Growth ETF IWO 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 iShares Russell 2000 Growth ETF 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 iShares Russell 2000 Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Russell 2000 Growth ETF updated?

The Shariah compliance status of iShares Russell 2000 Growth ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like iShares Russell 2000 Growth ETF 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 iShares Russell 2000 Growth ETF?

You can check the latest Shariah compliance status of iShares Russell 2000 Growth ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares Russell 2000 Growth ETF IWO

IWO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Russell 2000 Growth ETF is classified as not halal.

NOT HALAL

Is iShares Russell 2000 Growth ETF Halal?

Shariah Compliance Analysis of IWO ETF

US Equity Small Cap

No. As of September 2026, iShares Russell 2000 Growth ETF (IWO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares Russell 2000 Growth ETF does not pass Musaffa's business and financial screening criteria.

IWO was created on 2000-07-24 by iShares. The fund's investment portfolio concentrates primarily on small cap equity. IWO tracks an index of US small-cap growth stocks, selected from those ranked 1001-3000 by market-cap based on growth factors.

iShares Russell 2000 Growth ETF (IWO) Chart

Key Statistics of iShares Russell 2000 Growth ETF (IWO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
25.96%
Industrials
21.53%
Information Technology
19.16%
Consumer Discretionary
10.00%
Financials
8.34%
Materials
3.89%
Energy
3.49%
Consumer Staples
3.17%
Communication Services
1.86%
Real Estate
1.62%
Utilities
0.49%
Other
0.49%

FAQ's for iShares Russell 2000 Growth ETF (IWO)

As of September 2026, iShares Russell 2000 Growth ETF IWO 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 iShares Russell 2000 Growth ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares Russell 2000 Growth 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 iShares Russell 2000 Growth ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.