Is iShares DEX Floating Rate Note Index Fund halal to invest in?

As of September 2026, iShares DEX Floating Rate Note Index Fund XFR.TO 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 DEX Floating Rate Note Index Fund 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 DEX Floating Rate Note Index Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares DEX Floating Rate Note Index Fund updated?

The Shariah compliance status of iShares DEX Floating Rate Note Index Fund 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 DEX Floating Rate Note Index Fund 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 DEX Floating Rate Note Index Fund?

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

iShares DEX Floating Rate Note Index Fund XFR.TO

XFR.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares DEX Floating Rate Note Index Fund is classified as not halal.

NOT HALAL

Is iShares DEX Floating Rate Note Index Fund ETF Halal?

Shariah Compliance Analysis of XFR.TO ETF

CA Fixed Income Investment Grade

No. As of September 2026, iShares DEX Floating Rate Note Index Fund (XFR.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares DEX Floating Rate Note Index Fund does not pass Musaffa's business and financial screening criteria.

XFR.TO was created on 2011-12-06 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund tracks a market-value-weighted index of CAD-denominated, investment-grade, floating-rate notes issued in the Canadian market.

iShares DEX Floating Rate Note Index Fund (XFR.TO) Chart

Key Statistics of iShares DEX Floating Rate Note Index Fund (XFR.TO)

Today's Open

AUM

Avg. Volume

Expense Ratio

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FAQ's for iShares DEX Floating Rate Note Index Fund (XFR.TO)

As of September 2026, iShares DEX Floating Rate Note Index Fund XFR.TO 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 DEX Floating Rate Note Index Fund using these criteria to determine its compliance status.
The Shariah compliance status of iShares DEX Floating Rate Note Index Fund 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 DEX Floating Rate Note Index Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.