Is iShares Prime Money Market ETF halal to invest in?

As of September 2026, iShares Prime Money Market ETF PMMF 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 Prime Money Market 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 Prime Money Market ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Prime Money Market ETF updated?

The Shariah compliance status of iShares Prime Money Market 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 Prime Money Market 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 Prime Money Market ETF?

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

iShares Prime Money Market ETF PMMF

PMMF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Prime Money Market ETF is classified as not halal.

NOT HALAL

Is iShares Prime Money Market ETF Halal?

Shariah Compliance Analysis of PMMF ETF

US Fixed Income Broad Credit

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

PMMF was created on 2025-02-04 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. PMMF is an actively managed fund which invests in USD-denominated money market instruments with short-term maturities. The fund seeks a high level of current income.

iShares Prime Money Market ETF (PMMF) Chart

Key Statistics of iShares Prime Money Market ETF (PMMF)

Today's Open

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Avg. Volume

Expense Ratio

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FAQ's for iShares Prime Money Market ETF (PMMF)

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