Is NEOS Real Estate High Income ETF halal to invest in?

As of September 2026, NEOS Real Estate High Income ETF IYRI 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 NEOS Real Estate High Income 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 NEOS Real Estate High Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for NEOS Real Estate High Income ETF updated?

The Shariah compliance status of NEOS Real Estate High Income 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 NEOS Real Estate High Income 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 NEOS Real Estate High Income ETF?

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

NEOS Real Estate High Income ETF IYRI

IYRI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, NEOS Real Estate High Income ETF is classified as not halal.

NOT HALAL

Is NEOS Real Estate High Income ETF Halal?

Shariah Compliance Analysis of IYRI ETF

US Equity Real Estate

No. As of September 2026, NEOS Real Estate High Income ETF (IYRI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NEOS Real Estate High Income ETF does not pass Musaffa's business and financial screening criteria.

IYRI was created on 2025-01-14 by Neos. The fund's investment portfolio concentrates primarily on real estate equity. The ETF currently has 174.76m in AUM and 65 holdings. IYRI is an actively managed fund that seeks high monthly income with the potential for appreciation by actively investing in stocks of the Dow Jones U.S. Real Estate Capped Index while also utilizing call options strategies.

NEOS Real Estate High Income ETF (IYRI) Chart

Key Statistics of NEOS Real Estate High Income ETF (IYRI)

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FAQ's for NEOS Real Estate High Income ETF (IYRI)

As of September 2026, NEOS Real Estate High Income ETF IYRI 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 NEOS Real Estate High Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of NEOS Real Estate High Income 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 NEOS Real Estate High Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.