As of July 2026, iShares MSCI India ETF is classified as not halal.
NOT HALAL
iShares MSCI India ETF. Analysis INDA
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INDA was created on 2012-02-02 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 9614.42m in AUM and 165 holdings. INDA tracks a market-cap-weighted index of the top 85% of firms in the Indian securities market.
As of July 2026, iShares MSCI India ETF INDA 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 India ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares MSCI India 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 India ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
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