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iShares U.S. Aerospace & Defense Index ETF 1Trust Units XAD.TO

Is iShares U.S. Aerospace & Defense Index ETF 1Trust Units Halal?

Shariah Compliance Analysis of XAD.TO ETF

No. As of October 2026, iShares U.S. Aerospace & Defense Index ETF 1Trust Units (XAD.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XAD.TO was created on 2023-09-06 by iShares. The fund's investment portfolio concentrates primarily on industrials equity. The fund tracks a market-cap-weighted index of US manufacturers, assemblers and distributors of airplane and defense equipment.

XAD.TO Shariah Compliance

As of October 2026, iShares U.S. Aerospace & Defense Index ETF 1Trust Units is classified as not halal.

NOT HALAL

iShares U.S. Aerospace & Defense Index ETF 1Trust Units (XAD.TO) Chart

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