Is iShares Silver Trust (SLV) halal? Halal. Based on AAOIFI screening, iShares Silver Trust passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 100/100 (Grade: A+).

iShares Silver Trust

SLV: Is iShares Silver Trust Halal?

Halal

iShares Silver Trust

AMEXFinancial ServicesUS

$60.61

+0.47%

About iShares Silver Trust

The iShares Silver Trust (the 'Trust') seeks to reflect generally the performance of the price of silver.The iShares Silver Trust is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. The Trust is not a commodity pool for purposes of the Commodity Exchange Act. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.

Sector: Financial Services 路 Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A+

Excellent

Exceptionally strong compliance

100Score

Business Activity Screen

Passed

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

Basket Composition

100% 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%
Halal100%
Doubtful0%
Haram0%
Unknown0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Under Review

    until the change above

  3. Halal

    until the change above

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

Screened: Jun 17, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

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Financial Overview

Market Cap

32.3B

Price

$60.61

Sector

Financial Services

Industry

Asset Management

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Frequently Asked Questions

Is iShares Silver Trust (SLV) halal to invest in?
Based on AAOIFI Standard 21 screening, iShares Silver Trust (SLV) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did iShares Silver Trust get a A+ compliance rating?
iShares Silver Trust'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 Silver Trust's Shariah verdict?
iShares Silver Trust'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 Silver Trust re-screened for Shariah compliance?
iShares Silver Trust (SLV) 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 17, 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.