Is iShares MSCI EAFE ETF (EFA) halal? Not Halal. Based on AAOIFI screening, iShares MSCI EAFE ETF passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 50/100 (Grade: C+).

iShares MSCI EAFE ETF

EFA: Is iShares MSCI EAFE ETF Halal?

Unknown

iShares MSCI EAFE ETF

AMEXETFUS

$104.41

+0.24%

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 19, 2026
C+

Fair

Some financial ratios approaching limits

50Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Basket Composition

0% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

100%
Halal0%
Doubtful0%
Haram0%
Unknown100%

Compliance History

  1. Under Reviewnow

    since Jun 2026

  2. Not Halal

    until the change above

  3. Under Review

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 19, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

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Financial Overview

Market Cap

77.6B

Price

$104.41

Sector

ETF

Industry

Exchange Traded Fund

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Frequently Asked Questions

Is iShares MSCI EAFE ETF (EFA) halal to invest in?
iShares MSCI EAFE ETF (EFA) is screened using AAOIFI Standard 21 look-through analysis. Each underlying holding is screened individually and the weighted aggregate determines the fund verdict. Check the verdict above for the current compliance ruling.
Why did iShares MSCI EAFE ETF get a C+ compliance rating?
iShares MSCI EAFE ETF's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change iShares MSCI EAFE ETF's Shariah verdict?
iShares MSCI EAFE ETF's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is iShares MSCI EAFE ETF re-screened for Shariah compliance?
iShares MSCI EAFE ETF (EFA) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 19, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.