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iShares MSCI Emerging Markets Index ETF XEM.TO

Is iShares MSCI Emerging Markets Index ETF Halal?

Shariah Compliance Analysis of XEM.TO ETF

No. As of October 2026, iShares MSCI Emerging Markets Index ETF (XEM.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XEM.TO was created on 2009-06-18 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks from emerging markets, covering 85% of market capitalization in each country.

XEM.TO Shariah Compliance

As of October 2026, iShares MSCI Emerging Markets Index ETF is classified as not halal.

NOT HALAL

iShares MSCI Emerging Markets Index ETF (XEM.TO) Chart

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