iShares ESG Optimized MSCI USA Min Vol Factor ETF

ESMV

IShares

iShares ESG Optimized MSCI USA Min Vol Factor ETF (ESMV) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.70%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 99.70%

Halal 61.24%
Doubtful 9.15%
Not halal 29.32%
Not rated 0.30%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer: IShares
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.18%
AUM: 8.05M USD
Holdings: 157 (157 screened)
Basket as of (provider): 30 Oct 2026
Basket fetched by Akinda: 30 Oct 2026
Verdict updated: 3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	61.24%	29.32%
DJIM	Not halal	60.57%	34.39%
FTSE	Not halal	38.76%	57.97%
MSCI	Not halal	38.76%	57.97%
S&P	Not halal	60.97%	33.99%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 157 holdings, largest first · basket as of 30 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	TRVTRAVELERS COMPANIES	1.62%	Not halal	Not halal	Not halal	Not halal	Not halal
2	MSFTMICROSOFT	1.61%	Halal	Halal	Halal	Halal	Halal
3	MAMASTERCARD CLASS A	1.49%	Doubtful	Not halal	Not halal	Not halal	Not halal
4	MSIMOTOROLA SOLUTIONS INC	1.47%	Halal	Halal	Not halal	Not halal	Halal
5	WELLWELLTOWER	1.46%	Halal	Halal	Halal	Halal	Halal
6	NVDANVIDIA	1.45%	Halal	Halal	Halal	Halal	Halal
7	MCKMCKESSON CORP	1.44%	Halal	Halal	Halal	Halal	Halal
8	VRTXVERTEX PHARMACEUTICALS	1.44%	Halal	Halal	Halal	Halal	Halal
9	TXNTEXAS INSTRUMENT	1.44%	Halal	Halal	Not halal	Not halal	Halal
10	WMBWILLIAMS	1.43%	Not halal	Not halal	Not halal	Not halal	Not halal
11	GILDGILEAD SCIENCES	1.43%	Halal	Halal	Not halal	Not halal	Halal
12	MRKMERCK & CO INC	1.42%	Halal	Halal	Not halal	Not halal	Halal
13	AMDADVANCED MICRO DEVICES	1.42%	Halal	Halal	Halal	Halal	Halal
14	KOCOCA-COLA	1.40%	Halal	Halal	Not halal	Not halal	Halal
15	PANWPALO ALTO NETWORKS	1.39%	Halal	Halal	Halal	Halal	Halal
16	VVISA CLASS A	1.39%	Halal	Not halal	Not halal	Not halal	Not halal
17	BNYBANK OF NEW YORK MELLON CORP	1.38%	Not halal	Not halal	Not halal	Not halal	Not halal
18	CSCOCISCO SYSTEMS INC	1.31%	Halal	Halal	Halal	Halal	Halal
19	VZVERIZON COMMUNICATIONS INC	1.30%	Not halal	Not halal	Not halal	Not halal	Not halal
20	CBCHUBB	1.28%	Not halal	Not halal	Not halal	Not halal	Not halal
21	NOWSERVICENOW	1.27%	Halal	Not halal	Not halal	Not halal	Not halal
22	CORCENCORA	1.26%	Halal	Halal	Halal	Halal	Halal
23	AMATAPPLIED MATERIAL INC	1.25%	Halal	Halal	Halal	Halal	Halal
24	EDCONSOLIDATED EDISON	1.25%	Not halal	Not halal	Not halal	Not halal	Not halal
25	ADPAUTOMATIC DATA PROCESSING INC	1.24%	Not halal	Not halal	Not halal	Not halal	Not halal
26	MRSHMARSH	1.17%	Not halal	Not halal	Not halal	Not halal	Not halal
27	PGRPROGRESSIVE	1.13%	Not halal	Not halal	Not halal	Not halal	Not halal
28	CLCOLGATE-PALMOLIVE	1.12%	Halal	Halal	Not halal	Not halal	Halal
29	ROPROPER TECHNOLOGIES	1.09%	Halal	Halal	Halal	Halal	Halal
30	TTTRANE TECHNOLOGIES PLC	1.09%	Halal	Halal	Halal	Halal	Halal
31	CAHCARDINAL HEALTH	1.09%	Halal	Halal	Halal	Halal	Halal
32	PEGPUBLIC SERVICE ENTERPRISE GROUP	1.08%	Not halal	Not halal	Not halal	Not halal	Not halal
33	ADBEADOBE INC	1.07%	Halal	Halal	Halal	Halal	Halal
34	KRKROGER	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
35	MELIMERCADOLIBRE	1.05%	Doubtful	Not rated	Not rated	Not rated	Not rated
36	PGPROCTER & GAMBLE	1.02%	Halal	Halal	Halal	Halal	Halal
37	TAT&T	1.01%	Not halal	Not halal	Not halal	Not halal	Not halal
38	GEVGE VERNOVA	0.99%	Halal	Halal	Halal	Halal	Halal
39	GWWWW GRAINGER INC	0.98%	Halal	Halal	Halal	Halal	Halal
40	JNJJOHNSON & JOHNSON	0.98%	Halal	Halal	Halal	Halal	Halal
41	CMECME GROUP CLASS A	0.98%	Not halal	Not halal	Not halal	Not halal	Not halal
42	ADSKAUTODESK	0.97%	Halal	Halal	Halal	Halal	Halal
43	CBOECBOE GLOBAL MARKETS	0.97%	Not halal	Not halal	Not halal	Not halal	Not halal
44	HDHOME DEPOT	0.94%	Halal	Halal	Not halal	Not halal	Halal
45	NOCNORTHROP GRUMMAN CORP	0.93%	Doubtful	Halal	Not halal	Not halal	Halal
46	KMIKINDER MORGAN	0.92%	Not halal	Not halal	Not halal	Not halal	Not halal
47	ELVELEVANCE HEALTH INC	0.89%	Not halal	Not halal	Not halal	Not halal	Not halal
48	APHAMPHENOL CORP CLASS A	0.88%	Halal	Halal	Not halal	Not halal	Halal
49	ACNACCENTURE PLC CLASS A	0.87%	Doubtful	Not rated	Not rated	Not rated	Not rated
50	LLYELI LILLY	0.87%	Halal	Halal	Not halal	Not halal	Halal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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