Is iShares Texas Equity ETF halal to invest in?

As of September 2026, iShares Texas Equity ETF TEXN 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 Texas Equity 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 Texas Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Texas Equity ETF updated?

The Shariah compliance status of iShares Texas Equity 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 Texas Equity 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 Texas Equity ETF?

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

iShares Texas Equity ETF TEXN

TEXN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Texas Equity ETF is classified as not halal.

NOT HALAL

Is iShares Texas Equity ETF Halal?

Shariah Compliance Analysis of TEXN ETF

US Equity Total Market

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

TEXN was created on 2025-06-23 by iShares. The fund's investment portfolio concentrates primarily on total market equity. TEXN tracks a market cap-weighted index that invests in equity securities of companies headquartered in Texas. The fund aims to capitalize on Texas business and population growth.

iShares Texas Equity ETF (TEXN) Chart

Key Statistics of iShares Texas Equity ETF (TEXN)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for iShares Texas Equity ETF (TEXN)

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