Is iShares MSCI Turkey ETF halal to invest in?

As of September 2026, iShares MSCI Turkey ETF TUR 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 MSCI Turkey 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 MSCI Turkey ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares MSCI Turkey ETF updated?

The Shariah compliance status of iShares MSCI Turkey 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 MSCI Turkey 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 MSCI Turkey ETF?

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

iShares MSCI Turkey ETF TUR

TUR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares MSCI Turkey ETF is classified as not halal.

NOT HALAL

Is iShares MSCI Turkey ETF Halal?

Shariah Compliance Analysis of TUR ETF

US Equity Total Market

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

TUR was created on 2008-03-26 by iShares. The fund's investment portfolio concentrates primarily on total market equity. TUR tracks the performance of a market-cap-weighted index of Turkish stocks.

iShares MSCI Turkey ETF (TUR) Chart

Key Statistics of iShares MSCI Turkey ETF (TUR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
24.04%
Financials
20.04%
Consumer Staples
17.10%
Materials
12.12%
Consumer Discretionary
9.28%
Energy
5.82%
Communication Services
4.45%
Utilities
2.38%
Real Estate
1.91%
Health Care
1.69%
Information Technology
0.86%
Other
0.31%

FAQ's for iShares MSCI Turkey ETF (TUR)

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