Is iShares Global Energy ETF halal to invest in?

As of September 2026, iShares Global Energy ETF IXC is classified as 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 Global Energy 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 Global Energy ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Global Energy ETF updated?

The Shariah compliance status of iShares Global Energy 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 Global Energy 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 Global Energy ETF?

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

iShares Global Energy ETF IXC

IXC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Global Energy ETF is classified as halal.

HALAL

Is iShares Global Energy ETF Halal?

Shariah Compliance Analysis of IXC ETF

US Equity Energy

Yes. As of September 2026, iShares Global Energy ETF (IXC) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares Global Energy ETF passes Musaffa's business and financial screening criteria.

IXC was created on 2001-11-12 by iShares. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 2831.91m in AUM and 53 holdings. IXC tracks a market cap-weighted index of global energy companies.

iShares Global Energy ETF (IXC) Chart

Key Statistics of iShares Global Energy ETF (IXC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
96.78%
Other
3.22%

FAQ's for iShares Global Energy ETF (IXC)

As of September 2026, iShares Global Energy ETF IXC is classified as 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 Global Energy ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares Global Energy 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 Global Energy ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.