iShares U.S. Industry Rotation Active ETF

INRO

IShares

iShares U.S. Industry Rotation Active ETF (INRO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.60%. 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: 99.60%

Halal 65.04%
Doubtful 12.35%
Not halal 22.21%
Not rated 0.40%

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: 0.42%
AUM: 525.00M USD
Holdings: 343 (343 screened)
Basket as of (provider): 23 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	65.04%	22.21%
DJIM	Not halal	66.27%	24.89%
FTSE	Not halal	52.82%	39.57%
MSCI	Not halal	53.26%	39.05%
S&P	Not halal	66.68%	24.44%

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 343 holdings, largest first · basket as of 23 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	AAPLAPPLE	8.47%	Halal	Halal	Halal	Halal	Halal
2	NVDANVIDIA	7.83%	Halal	Halal	Halal	Halal	Halal
3	MSFTMICROSOFT	5.89%	Halal	Halal	Halal	Halal	Halal
4	AMZNAMAZON.COM INC	3.58%	Halal	Halal	Halal	Halal	Halal
5	GOOGLALPHABET CLASS A	2.97%	Doubtful	Not rated	Not rated	Not rated	Not rated
6	GOOGALPHABET CLASS C	2.20%	Doubtful	Not rated	Not rated	Not rated	Not rated
7	METAMETA PLATFORMS CLASS A	2.15%	Halal	Halal	Halal	Halal	Halal
8	AVGOBROADCOM INC	1.92%	Halal	Halal	Not halal	Not halal	Halal
9	JPMJPMORGAN CHASE & CO	1.85%	Not halal	Not halal	Not halal	Not halal	Not halal
10	TSLATESLA INC	1.77%	Halal	Halal	Halal	Halal	Halal
11	LLYELI LILLY	1.58%	Halal	Halal	Not halal	Not halal	Halal
12	MUMICRON TECHNOLOGY	1.54%	Halal	Halal	Halal	Halal	Halal
13	MAMASTERCARD CLASS A	1.44%	Doubtful	Not halal	Not halal	Not halal	Not halal
14	AMDADVANCED MICRO DEVICES	1.37%	Halal	Halal	Halal	Halal	Halal
15	WMTWALMART	1.28%	Halal	Halal	Halal	Halal	Halal
16	BRK-BBERKSHIRE HATHAWAY INC CLASS B	1.21%	Not halal	Not halal	Not halal	Not halal	Not halal
17	PGPROCTER & GAMBLE	1.14%	Halal	Halal	Halal	Halal	Halal
18	JNJJOHNSON & JOHNSON	1.04%	Halal	Halal	Halal	Halal	Halal
19	VVISA CLASS A	1.03%	Halal	Not halal	Not halal	Not halal	Not halal
20	XOMEXXONMOBIL HOLDINGS CORP	0.89%	Halal	Halal	Halal	Halal	Halal
21	BACBANK OF AMERICA	0.89%	Not halal	Not halal	Not halal	Not halal	Not halal
22	CVXCHEVRON	0.87%	Halal	Halal	Halal	Halal	Halal
23	TDYTELEDYNE TECHNOLOGIES	0.85%	Doubtful	Halal	Not halal	Not halal	Halal
24	LRCXLAM RESEARCH	0.78%	Halal	Halal	Halal	Halal	Halal
25	GSGOLDMAN SACHS GROUP	0.77%	Not halal	Not halal	Not halal	Not halal	Not halal
26	MRKMERCK & CO INC	0.77%	Halal	Halal	Not halal	Not halal	Halal
27	UNHUNITEDHEALTH GROUP	0.74%	Not halal	Not halal	Not halal	Not halal	Not halal
28	WFCWELLS FARGO	0.73%	Not halal	Not halal	Not halal	Not halal	Not halal
29	CATCATERPILLAR INC	0.71%	Halal	Halal	Not halal	Not halal	Halal
30	COSTCOSTCO WHOLESALE CORP	0.66%	Halal	Halal	Halal	Halal	Halal
31	GEVGE VERNOVA	0.64%	Halal	Halal	Halal	Halal	Halal
32	MDTMEDTRONIC PLC	0.63%	Halal	Halal	Halal	Halal	Halal
33	GEGE AEROSPACE	0.61%	Doubtful	Halal	Not halal	Not halal	Halal
34	INTCINTEL CORPORATION	0.60%	Doubtful	Not rated	Not rated	Not rated	Not rated
35	SPCXSPACE EXPLORATION TECHNOLOGIES COR	0.60%	Not halal	Not halal	Not halal	Not halal	Not halal
36	CSCOCISCO SYSTEMS INC	0.59%	Halal	Halal	Halal	Halal	Halal
37	PLTRPALANTIR TECHNOLOGIES CLASS A	0.59%	Doubtful	Not rated	Not halal	Not halal	Not rated
38	CCITIGROUP	0.56%	Not halal	Not halal	Not halal	Not halal	Not halal
39	ETNEATON PLC	0.55%	Doubtful	Not rated	Not rated	Not rated	Not rated
40	WMBWILLIAMS	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
41	TRVTRAVELERS COMPANIES	0.52%	Not halal	Not halal	Not halal	Not halal	Not halal
42	AMATAPPLIED MATERIAL INC	0.52%	Halal	Halal	Halal	Halal	Halal
43	PFEPFIZER	0.50%	Not halal	Not halal	Halal	Halal	Not halal
44	AMEAMETEK INC	0.49%	Doubtful	Not rated	Not rated	Not rated	Not rated
45	KLACKLA	0.49%	Halal	Halal	Halal	Halal	Halal
46	METMETLIFE	0.47%	Not halal	Not halal	Not halal	Not halal	Not halal
47	XELXCEL ENERGY INC	0.46%	Not halal	Not halal	Not halal	Not halal	Not halal
48	PEPPEPSICO	0.44%	Halal	Halal	Not halal	Not halal	Halal
49	AMGNAMGEN INC	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
50	HDHOME DEPOT	0.42%	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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