Is iShares U.S. Consumer Discretionary ETF halal to invest in?

As of September 2026, iShares U.S. Consumer Discretionary ETF IYC 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 U.S. Consumer Discretionary 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 U.S. Consumer Discretionary ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares U.S. Consumer Discretionary ETF updated?

The Shariah compliance status of iShares U.S. Consumer Discretionary 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 U.S. Consumer Discretionary 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 U.S. Consumer Discretionary ETF?

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

iShares U.S. Consumer Discretionary ETF IYC

IYC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares U.S. Consumer Discretionary ETF is classified as not halal.

NOT HALAL

Is iShares U.S. Consumer Discretionary ETF Halal?

Shariah Compliance Analysis of IYC ETF

US Equity Consumer Discretionary

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

IYC was created on 2000-06-12 by iShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. IYC tracks a market-cap-weighted index of US companies that provide consumer services.

iShares U.S. Consumer Discretionary ETF (IYC) Chart

Key Statistics of iShares U.S. Consumer Discretionary ETF (IYC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
69.48%
Communication Services
13.09%
Consumer Staples
10.98%
Industrials
5.54%
Other
0.91%

FAQ's for iShares U.S. Consumer Discretionary ETF (IYC)

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