Is iShares MSCI UK IMI Leaders UCITS ETF GBP halal to invest in?

As of September 2026, iShares MSCI UK IMI Leaders UCITS ETF GBP UKEL.L 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 UK IMI Leaders UCITS ETF GBP 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 UK IMI Leaders UCITS ETF GBP using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares MSCI UK IMI Leaders UCITS ETF GBP updated?

The Shariah compliance status of iShares MSCI UK IMI Leaders UCITS ETF GBP 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 UK IMI Leaders UCITS ETF GBP 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 UK IMI Leaders UCITS ETF GBP?

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

iShares MSCI UK IMI Leaders UCITS ETF GBP UKEL.L

UKEL.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares MSCI UK IMI Leaders UCITS ETF GBP is classified as not halal.

NOT HALAL

Is iShares MSCI UK IMI Leaders UCITS ETF GBP Halal?

Shariah Compliance Analysis of UKEL.L ETF

GB Equity Total Market

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

UKEL.L was created on 2021-02-22 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 33.36m in AUM and 149 holdings. The Share Class is a share class of a Fund which aims to provide you with total return on your investment, through a combination of capital growth and income on the Fund's investments, which reflects the return of MSCI UK IMI Country ESG Leaders 5% Issuer Capped Index, the Funds benchmark index (Index)

iShares MSCI UK IMI Leaders UCITS ETF GBP (UKEL.L) Chart

Key Statistics of iShares MSCI UK IMI Leaders UCITS ETF GBP (UKEL.L)

Today's Open

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FAQ's for iShares MSCI UK IMI Leaders UCITS ETF GBP (UKEL.L)

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