iShares U.S. Insurance ETF

IAK

IShares

iShares U.S. Insurance ETF (IAK) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 92.40%. 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: 92.40%

Halal 0.00%
Doubtful 0.00%
Not halal 92.40%
Not rated 7.60%

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: 0.37%
AUM: 475.40M USD
Holdings: 59 (59 screened)
Basket as of (provider): 22 Oct 2026
Basket fetched by Akinda: 23 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	0.00%	92.40%
DJIM	Not halal	0.00%	92.40%
FTSE	Not halal	0.00%	92.40%
MSCI	Not halal	0.00%	92.40%
S&P	Not halal	0.00%	92.40%

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 59 holdings, largest first · basket as of 22 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	HMNHORACE MANN EDUCATORS	8.33%	Not halal	Not halal	Not halal	Not halal	Not halal
2	SLDESLIDE INSURANCE HOLDINGS	7.56%	Not halal	Not halal	Not halal	Not halal	Not halal
3	KMPRKEMPER	7.55%	Not halal	Not halal	Not halal	Not halal	Not halal
4	PRCHPORCH GROUP	7.18%	Not halal	Not halal	Not halal	Not halal	Not halal
5	STCSTEWART INFO SERVICES CORP	7.10%	Not halal	Not halal	Not halal	Not halal	Not halal
6	SAFTSAFETY INSURANCE GROUP INC	6.74%	Not halal	Not halal	Not halal	Not halal	Not halal
7	UFCSUNITED FIRE GROUP INC	5.40%	Not halal	Not halal	Not halal	Not halal	Not halal
8	UVEUNIVERSAL INSURANCE HOLDINGS INC	5.35%	Not halal	Not halal	Not halal	Not halal	Not halal
9	TRUPTRUPANION	4.69%	Not halal	Not halal	Not halal	Not halal	Not halal
10	CNACNA FINANCIAL CORP	4.62%	Not halal	Not halal	Not halal	Not halal	Not halal
11	EIGEMPLOYERS HOLDINGS	4.31%	Not halal	Not halal	Not halal	Not halal	Not halal
12	HRTGHERITAGE INSURANCE HOLDINGS INC	3.88%	Not halal	Not halal	Not halal	Not halal	Not halal
13	HIPOHIPPO HOLDINGS	3.45%	Not halal	Not halal	Not halal	Not halal	Not halal
14	ROOTROOT INC CLASS A	3.17%	Not halal	Not halal	Not halal	Not halal	Not halal
15	FGF&G ANNUITIES AND LIFE INC	2.91%	Not halal	Not halal	Not halal	Not halal	Not halal
16	BOWBOWHEAD SPECIALTY HOLDINGS	2.63%	Not halal	Not halal	Not halal	Not halal	Not halal
17	AMSFAMERISAFE INC	2.09%	Not halal	Not halal	Not halal	Not halal	Not halal
18	TIPTTIPTREE INC	1.65%	Not halal	Not halal	Not halal	Not halal	Not halal
19	PGRPROGRESSIVE	0.54%	Not halal	Not halal	Not halal	Not halal	Not halal
20	CBCHUBB	0.52%	Not halal	Not halal	Not halal	Not halal	Not halal
21	TRVTRAVELERS COMPANIES	0.35%	Not halal	Not halal	Not halal	Not halal	Not halal
22	ALLALLSTATE CORP	0.27%	Not halal	Not halal	Not halal	Not halal	Not halal
23	AFLAFLAC	0.18%	Not halal	Not halal	Not halal	Not halal	Not halal
24	AIGAMERICAN INTERNATIONAL GROUP	0.18%	Not halal	Not halal	Not halal	Not halal	Not halal
25	METMETLIFE	0.18%	Not halal	Not halal	Not halal	Not halal	Not halal
26	PRUPRUDENTIAL FINANCIAL INC	0.17%	Not halal	Not halal	Not halal	Not halal	Not halal
27	HIGHARTFORD INSURANCE GROUP	0.16%	Not halal	Not halal	Not halal	Not halal	Not halal
28	ACGLARCH CAPITAL GROUP	0.15%	Not halal	Not halal	Not halal	Not halal	Not halal
29	CINFCINCINNATI FINANCIAL	0.11%	Not halal	Not halal	Not halal	Not halal	Not halal
30	MKLMARKEL GROUP	0.10%	Not halal	Not halal	Not halal	Not halal	Not halal
31	PFGPRINCIPAL FINANCIAL GROUP INC	0.09%	Not halal	Not halal	Not halal	Not halal	Not halal
32	LLOEWS	0.07%	Not halal	Not halal	Not halal	Not halal	Not halal
33	WRBWR BERKLEY	0.07%	Not halal	Not halal	Not halal	Not halal	Not halal
34	AIZASSURANT INC	0.06%	Not halal	Not halal	Not halal	Not halal	Not halal
35	GLGLOBE LIFE	0.06%	Not halal	Not halal	Not halal	Not halal	Not halal
36	UNMUNUM	0.06%	Not halal	Not halal	Not halal	Not halal	Not halal
37	AFGAMERICAN FINANCIAL GROUP	0.04%	Not halal	Not halal	Not halal	Not halal	Not halal
38	ORIOLD REPUBLIC INTERNATIONAL	0.04%	Not halal	Not halal	Not halal	Not halal	Not halal
39	OSCROSCAR HEALTH CLASS A	0.04%	Not halal	Not halal	Not halal	Not halal	Not halal
40	PRIPRIMERICA	0.04%	Not halal	Not halal	Not halal	Not halal	Not halal
41	AXSAXIS CAPITAL HOLDINGS	0.03%	Not halal	Not halal	Not halal	Not halal	Not halal
42	ERIEERIE INDEMNITY CLASS A	0.03%	Not halal	Not halal	Not halal	Not halal	Not halal
43	FAFFIRST AMERICAN FINANCIAL CORP	0.03%	Not halal	Not halal	Not halal	Not halal	Not halal
44	FNFFIDELITY NATIONAL FINANCIAL INC	0.03%	Not halal	Not halal	Not halal	Not halal	Not halal
45	KNSLKINSALE CAPITAL GROUP INC	0.03%	Not halal	Not halal	Not halal	Not halal	Not halal
46	THGHANOVER INSURANCE GROUP	0.03%	Not halal	Not halal	Not halal	Not halal	Not halal
47	CNOCNO FINANCIAL GROUP	0.02%	Not halal	Not halal	Not halal	Not halal	Not halal
48	LNCLINCOLN NATIONAL CORP	0.02%	Not halal	Not halal	Not halal	Not halal	Not halal
49	RLIRLI CORP	0.02%	Not halal	Not halal	Not halal	Not halal	Not halal
50	SIGISELECTIVE INSURANCE GROUP	0.02%	Not halal	Not halal	Not halal	Not halal	Not halal

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

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