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iShares U.S. Basic Materials ETF IYM

Is iShares U.S. Basic Materials ETF Halal?

Shariah Compliance Analysis of IYM ETF

No. As of October 2026, iShares U.S. Basic Materials ETF (IYM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

IYM was created on 2000-06-12 by iShares. The fund's investment portfolio concentrates primarily on materials equity. IYM tracks a broad, market-cap-weighted index of US basic materials companies that includes raw materials such as metals, chemicals and forestry products.

IYM Shariah Compliance

As of October 2026, iShares U.S. Basic Materials ETF is classified as not halal.

NOT HALAL

iShares U.S. Basic Materials ETF (IYM) Chart

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