Is iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) halal? Not Halal. Based on AAOIFI screening, iShares J.P. Morgan USD Emerging Markets Bond ETF has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

iShares J.P. Morgan USD Emerging Markets Bond ETF

EMB: Is iShares J.P. Morgan USD Emerging Markets Bond ETF Halal?

Not Halal

iShares J.P. Morgan USD Emerging Markets Bond ETF

NASDAQFinancial ServicesUS

$96.28

+0.26%

About iShares J.P. Morgan USD Emerging Markets Bond ETF

The iShares J.P. Morgan USD Emerging Markets Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, emerging market bonds.

Sector: Financial Services 路 Industry: Asset Management - Bonds

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

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

  • Basket-weighted haram holdings exceed 5% (94.6%)

Basket Composition

99% 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.

95%
Halal4%
Doubtful0%
Haram95%
Unknown1%

Top Holdings

Argentina Republic Government International Bondsharam1.11%Ecuador Government International Bondsharam0.78%BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARESharam0.71%Argentina Republic Government International Bondsharam0.69%Argentina Republic Government International Bondsharam0.64%Argentina Republic Government International Bondsharam0.53%EAGLE FUNDING LUXCO SARLharam0.51%Ghana Government International Bondsharam0.50%Uruguay Government International Bondsharam0.49%Republic of Poland Government International Bondsharam0.40%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Under Review

    until the change above

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

Screened: Jun 12, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

14.1B

Price

$96.28

Sector

Financial Services

Industry

Asset Management - Bonds

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

SPDR Gold Shares
GLDA+

SPDR Gold Shares

$388.60

+0.17%

iShares Silver Trust
SLVA+

iShares Silver Trust

$60.61

+0.47%

AllianceBernstein Holding L.P.
ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

Inflection Point Acquisition Corp. III
IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

Axiom Intelligence Acquisition Corp 1
AXINA+

Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

F

V

Visa Inc.

A

MA

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C

BAC

Bank of America Corporation

F

WFC

Wells Fargo & Company

F
Free 路 No credit card required

Track EMB and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started FreeBrowse Screener
10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) halal to invest in?
iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did iShares J.P. Morgan USD Emerging Markets Bond ETF get a F compliance rating?
iShares J.P. Morgan USD Emerging Markets 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 J.P. Morgan USD Emerging Markets Bond ETF's Shariah verdict?
iShares J.P. Morgan USD Emerging Markets 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 J.P. Morgan USD Emerging Markets Bond ETF re-screened for Shariah compliance?
iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) 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 12, 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.