Is iShares U.S. Telecommunications ETF halal to invest in?

As of September 2026, iShares U.S. Telecommunications ETF IYZ 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. Telecommunications 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. Telecommunications ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of iShares U.S. Telecommunications 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. Telecommunications 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. Telecommunications ETF?

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

iShares U.S. Telecommunications ETF IYZ

IYZ Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is iShares U.S. Telecommunications ETF Halal?

Shariah Compliance Analysis of IYZ ETF

US Equity Theme

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

IYZ was created on 2000-05-22 by iShares. The fund's investment portfolio concentrates primarily on theme equity. IYZ tracks a market-cap-weighted index of large-cap US companies involved in the telecommunications industry.

iShares U.S. Telecommunications ETF (IYZ) Chart

Key Statistics of iShares U.S. Telecommunications ETF (IYZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
51.72%
Information Technology
41.83%
Other
6.45%

FAQ's for iShares U.S. Telecommunications ETF (IYZ)

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