Is iShares India Index ETF halal to invest in?

As of September 2026, iShares India Index ETF XID.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 India Index 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 India Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares India Index ETF updated?

The Shariah compliance status of iShares India Index 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 India Index 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 India Index ETF?

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

iShares India Index ETF XID.TO

XID.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares India Index ETF is classified as not halal.

NOT HALAL

Is iShares India Index ETF Halal?

Shariah Compliance Analysis of XID.TO ETF

CA Equity Large Cap

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

XID.TO was created on 2010-01-21 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The fund tracks a market-cap-weighted index of 50 blue-chip companies traded on the National Stock Exchange of India.

iShares India Index ETF (XID.TO) Chart

Key Statistics of iShares India Index ETF (XID.TO)

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FAQ's for iShares India Index ETF (XID.TO)

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