Is iShares MSCI Water Management Multisector ETF halal to invest in?

As of September 2026, iShares MSCI Water Management Multisector ETF IWTR 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 MSCI Water Management Multisector 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 MSCI Water Management Multisector ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares MSCI Water Management Multisector ETF updated?

The Shariah compliance status of iShares MSCI Water Management Multisector 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 MSCI Water Management Multisector 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 MSCI Water Management Multisector ETF?

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

iShares MSCI Water Management Multisector ETF IWTR

IWTR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares MSCI Water Management Multisector ETF is classified as not halal.

NOT HALAL

Is iShares MSCI Water Management Multisector ETF Halal?

Shariah Compliance Analysis of IWTR ETF

US Equity Theme

No. As of September 2026, iShares MSCI Water Management Multisector ETF (IWTR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares MSCI Water Management Multisector ETF does not pass Musaffa's business and financial screening criteria.

IWTR was created on 2022-09-20 by iShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 6.82m in AUM and 3 holdings. IWTR tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management.

iShares MSCI Water Management Multisector ETF (IWTR) Chart

Key Statistics of iShares MSCI Water Management Multisector ETF (IWTR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
31.36%
Information Technology
21.95%
Consumer Discretionary
15.14%
Utilities
11.86%
Materials
10.69%
Health Care
5.80%
Other
2.84%
Real Estate
0.36%

FAQ's for iShares MSCI Water Management Multisector ETF (IWTR)

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