As of September 2026, iShares Mortgage Real Estate ETF is classified as not halal.
NOT HALAL
Is iShares Mortgage Real Estate ETF Halal?
Shariah Compliance Analysis of REM ETF
US Equity Financials
No. As of September 2026, iShares Mortgage Real Estate ETF (REM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares Mortgage Real Estate ETF does not pass Musaffa's business and financial screening criteria.
REM was created on 2007-05-01 by iShares. The fund's investment portfolio concentrates primarily on financials equity. REM tracks a market-cap-weighted index of residential and commercial mortgage REITs.
iShares Mortgage Real Estate ETF (REM) Chart
Key Statistics of iShares Mortgage Real Estate ETF (REM)
Today's Open
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AUM
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Avg. Volume
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Expense Ratio
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P/E Ratio
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P/B Ratio
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Sector Exposure
Financials
99.81%
Other
0.19%
FAQ's for iShares Mortgage Real Estate ETF (REM)
As of September 2026, iShares Mortgage Real Estate ETF REM 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 Mortgage Real Estate ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares Mortgage Real Estate 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 Mortgage Real Estate ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.