Is iShares S&P 500 Paris-Aligned Climate UCITS ETF halal to invest in?

As of September 2026, iShares S&P 500 Paris-Aligned Climate UCITS ETF UPAB.AS 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 S&P 500 Paris-Aligned Climate UCITS 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 S&P 500 Paris-Aligned Climate UCITS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares S&P 500 Paris-Aligned Climate UCITS ETF updated?

The Shariah compliance status of iShares S&P 500 Paris-Aligned Climate UCITS 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 S&P 500 Paris-Aligned Climate UCITS 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 S&P 500 Paris-Aligned Climate UCITS ETF?

You can check the latest Shariah compliance status of iShares S&P 500 Paris-Aligned Climate UCITS ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares S&P 500 Paris-Aligned Climate UCITS ETF UPAB.AS

UPAB.AS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares S&P 500 Paris-Aligned Climate UCITS ETF is classified as not halal.

NOT HALAL

Is iShares S&P 500 Paris-Aligned Climate UCITS ETF Halal?

Shariah Compliance Analysis of UPAB.AS ETF

GB Equity Large Cap

No. As of September 2026, iShares S&P 500 Paris-Aligned Climate UCITS ETF (UPAB.AS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares S&P 500 Paris-Aligned Climate UCITS ETF does not pass Musaffa's business and financial screening criteria.

UPAB.AS was created on 2021-04-22 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the S&P 500 Net Zero 2050 PAB Sustainability Screened Index.

iShares S&P 500 Paris-Aligned Climate UCITS ETF (UPAB.AS) Chart

Key Statistics of iShares S&P 500 Paris-Aligned Climate UCITS ETF (UPAB.AS)

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FAQ's for iShares S&P 500 Paris-Aligned Climate UCITS ETF (UPAB.AS)

As of September 2026, iShares S&P 500 Paris-Aligned Climate UCITS ETF UPAB.AS 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 S&P 500 Paris-Aligned Climate UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares S&P 500 Paris-Aligned Climate UCITS 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 S&P 500 Paris-Aligned Climate UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.