Is iShares Global Financials ETF halal to invest in?

As of September 2026, iShares Global Financials ETF IXG 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 Global Financials 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 Financials ETF using these criteria to determine its compliance status.

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

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

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

iShares Global Financials ETF IXG

IXG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Global Financials ETF is classified as not halal.

NOT HALAL

Is iShares Global Financials ETF Halal?

Shariah Compliance Analysis of IXG ETF

US Equity Financials

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

IXG was created on 2001-11-12 by iShares. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 652.2m in AUM and 219 holdings. IXG tracks a market cap-weighted index of large- and mid-cap global financial stocks.

iShares Global Financials ETF (IXG) Chart

Key Statistics of iShares Global Financials ETF (IXG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
89.15%
Other
10.83%
Real Estate
0.01%
Information Technology
0.01%

FAQ's for iShares Global Financials ETF (IXG)

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