Does iShares iBoxx $ Investment Grade Corporate Bond ETF pass AAOIFI screening?

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (LQD: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for iShares iBoxx $ Investment Grade Corporate Bond ETF stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) using the latest financial data.

Where can I screen iShares iBoxx $ Investment Grade Corporate Bond ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about LQD's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

LQD: Is iShares iBoxx $ Investment Grade Corporate Bond ETF Halal?

iShares iBoxx $ Investment Grade Corporate Bond ETF

AMEXETFUS

$106.35

+0.24%

Market Cap: 33.2B

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

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%

Not Halal0%

Unknown100%

Compliance History

Under Reviewnow
since Sep 2026
Not Halal
until the change above

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

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Frequently Asked Questions

Is iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) halal to invest in?

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) 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 iBoxx $ Investment Grade Corporate Bond ETF get a C+ compliance rating?

iShares iBoxx $ Investment Grade Corporate Bond 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 iBoxx $ Investment Grade Corporate Bond ETF's Shariah verdict?

iShares iBoxx $ Investment Grade Corporate Bond 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 iBoxx $ Investment Grade Corporate Bond ETF re-screened for Shariah compliance?

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) 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: Sep 1, 2026.

Screened according to AAOIFI Standard No. 21 · 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.