Is VanEck Oil Services ETF halal to invest in?

As of September 2026, VanEck Oil Services ETF OIH is classified as 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 VanEck Oil Services 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 VanEck Oil Services ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for VanEck Oil Services ETF updated?

The Shariah compliance status of VanEck Oil Services 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 VanEck Oil Services 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 VanEck Oil Services ETF?

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

VanEck Oil Services ETF OIH

OIH Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, VanEck Oil Services ETF is classified as halal.

HALAL

Is VanEck Oil Services ETF Halal?

Shariah Compliance Analysis of OIH ETF

US Equity Energy

Yes. As of September 2026, VanEck Oil Services ETF (OIH) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VanEck Oil Services ETF passes Musaffa's business and financial screening criteria.

OIH was created on 2011-12-20 by VanEck. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 1305.9m in AUM and 26 holdings. OIH tracks a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies.

VanEck Oil Services ETF (OIH) Chart

Key Statistics of VanEck Oil Services ETF (OIH)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
95.30%
Other
4.70%

FAQ's for VanEck Oil Services ETF (OIH)

As of September 2026, VanEck Oil Services ETF OIH is classified as 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 VanEck Oil Services ETF using these criteria to determine its compliance status.
The Shariah compliance status of VanEck Oil Services 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 VanEck Oil Services ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.