Is iShares MSCI Min Vol EAFE Index ETF halal to invest in?

As of September 2026, iShares MSCI Min Vol EAFE Index ETF XMI.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 MSCI Min Vol EAFE 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 MSCI Min Vol EAFE Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares MSCI Min Vol EAFE Index ETF updated?

The Shariah compliance status of iShares MSCI Min Vol EAFE 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 MSCI Min Vol EAFE 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 MSCI Min Vol EAFE Index ETF?

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

iShares MSCI Min Vol EAFE Index ETF XMI.TO

XMI.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares MSCI Min Vol EAFE Index ETF is classified as not halal.

NOT HALAL

Is iShares MSCI Min Vol EAFE Index ETF Halal?

Shariah Compliance Analysis of XMI.TO ETF

CA Equity Total Market

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

XMI.TO was created on 2012-07-24 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The fund tracks an index of firms in EAFE, selected and weighted to create a low-volatility portfolio, subject to constraints including sector exposure. The fund is CAD-hedged.

iShares MSCI Min Vol EAFE Index ETF (XMI.TO) Chart

Key Statistics of iShares MSCI Min Vol EAFE Index ETF (XMI.TO)

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FAQ's for iShares MSCI Min Vol EAFE Index ETF (XMI.TO)

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