iShares MSCI USA Small-Cap ETF

MSML

IShares

iShares MSCI USA Small-Cap ETF (MSML) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.35%. 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: 99.35%

Halal 35.44%
Doubtful 6.75%
Not halal 57.17%
Not rated 0.65%

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: 0.04%
AUM: 276.85M USD
Holdings: 1,657 (1,649 screened)
Basket as of (provider): 31 Oct 2026
Basket fetched by Akinda: 2 Nov 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	35.44%	57.17%
DJIM	Not halal	37.35%	56.41%
FTSE	Not halal	29.83%	65.34%
MSCI	Not halal	30.63%	64.42%
S&P	Not halal	38.82%	54.30%

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 1,657 holdings, largest first · basket as of 31 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	MRNAMODERNA	1.15%	Not halal	Not halal	Not halal	Not halal	Not halal
2	THCTENET HEALTHCARE CORP	0.36%	Not halal	Not halal	Not halal	Not halal	Not halal
3	GHGUARDANT HEALTH	0.35%	Halal	Halal	Not halal	Not halal	Halal
4	USFDUS FOODS HOLDING	0.35%	Not halal	Not halal	Not halal	Not halal	Not halal
5	VTRSVIATRIS	0.34%	Not halal	Not halal	Not halal	Not halal	Not halal
6	RBRKRUBRIK CLASS A	0.32%	Halal	Halal	Not halal	Not halal	Halal
7	ROKUROKU CLASS A	0.32%	Not halal	Not halal	Not halal	Not halal	Not halal
8	RGLDROYAL GOLD	0.31%	Halal	Halal	Halal	Halal	Halal
9	OVVOVINTIV	0.30%	Not halal	Not halal	Halal	Halal	Not halal
10	PRPERMIAN RESOURCES CLASS A	0.30%	Not halal	Not halal	Halal	Halal	Not halal
11	WWDWOODWARD	0.29%	Doubtful	Halal	Not halal	Not halal	Halal
12	RVTYREVVITY	0.28%	Halal	Halal	Halal	Halal	Halal
13	SNXTD SYNNEX	0.28%	Not halal	Not halal	Halal	Halal	Not halal
14	EWBCEAST WEST BANCORP	0.28%	Not halal	Not halal	Not halal	Not halal	Not halal
15	APAAPA	0.28%	Not halal	Not halal	Halal	Halal	Not halal
16	NTNXNUTANIX CLASS A	0.28%	Halal	Halal	Not halal	Not halal	Halal
17	CRLCHARLES RIVER LABORATORIES INTERNA	0.28%	Halal	Halal	Not halal	Not halal	Halal
18	ITTITT INC	0.28%	Doubtful	Not rated	Not rated	Not rated	Not rated
19	ZBRAZEBRA TECHNOLOGIES CORP CLASS A	0.28%	Halal	Halal	Halal	Halal	Halal
20	WCCWESCO INTERNATIONAL	0.27%	Not halal	Not halal	Not halal	Not halal	Not halal
21	HSTHOST HOTELS & RESORTS REIT	0.27%	Not halal	Not halal	Not halal	Not halal	Not halal
22	MTSIMACOM TECHNOLOGY SOLUTIONS	0.27%	Doubtful	Not rated	Not halal	Not halal	Not rated
23	RGAREINSURANCE GROUP OF AMERICA	0.26%	Not halal	Not halal	Not halal	Not halal	Not halal
24	DINOHF SINCLAIR	0.26%	Halal	Halal	Halal	Halal	Halal
25	JLLJONES LANG LASALLE	0.25%	Halal	Halal	Halal	Halal	Halal
26	DTDYNATRACE INC	0.25%	Halal	Halal	Halal	Halal	Halal
27	SWKSTANLEY BLACK & DECKER	0.25%	Not halal	Not halal	Halal	Halal	Not halal
28	ALLEALLEGION PLC	0.25%	Halal	Halal	Not halal	Not halal	Halal
29	HASHASBRO	0.24%	Not halal	Not halal	Not halal	Not halal	Not halal
30	TYLTYLER TECHNOLOGIES	0.24%	Halal	Halal	Halal	Halal	Halal
31	DOCUDOCUSIGN	0.24%	Halal	Halal	Halal	Halal	Halal
32	HALOHALOZYME THERAPEUTICS	0.24%	Not halal	Halal	Not halal	Not halal	Halal
33	APGAPI GROUP	0.24%	Halal	Halal	Halal	Halal	Halal
34	CLHCLEAN HARBORS INC	0.24%	Halal	Halal	Not halal	Not halal	Halal
35	MEDPMEDPACE HOLDINGS	0.24%	Halal	Halal	Halal	Halal	Halal
36	EQHEQUITABLE HOLDINGS	0.24%	Not halal	Not halal	Not halal	Not halal	Not halal
37	EXELEXELIXIS INC	0.24%	Halal	Halal	Not halal	Not halal	Halal
38	PFGCPERFORMANCE FOOD GROUP	0.23%	Not halal	Not halal	Not halal	Not halal	Not halal
39	JHXJAMES HARDIE INDUSTRIES PLC	0.23%	Not halal	Not halal	Not halal	Not halal	Not halal
40	TRMBTRIMBLE INC	0.23%	Halal	Halal	Halal	Halal	Halal
41	LECOLINCOLN ELECTRIC HOLDINGS	0.23%	Halal	Halal	Not halal	Not halal	Halal
42	CSLCARLISLE COMPANIES	0.23%	Halal	Halal	Not halal	Not halal	Halal
43	CACICACI INTERNATIONAL INC CLASS A	0.23%	Not halal	Not halal	Not halal	Not halal	Not halal
44	ARMKARAMARK	0.23%	Not halal	Not halal	Not halal	Not halal	Not halal
45	ITGARTNER	0.22%	Doubtful	Not rated	Not halal	Not halal	Not rated
46	RLRALPH LAUREN CLASS A	0.22%	Halal	Halal	Halal	Halal	Halal
47	MKSIMKS	0.22%	Not halal	Not halal	Not halal	Not halal	Not halal
48	AIZASSURANT INC	0.22%	Not halal	Not halal	Not halal	Not halal	Not halal
49	AKAMAKAMAI TECHNOLOGIES INC	0.22%	Not halal	Not halal	Not halal	Not halal	Not halal
50	RNRRENAISSANCERE HOLDING	0.22%	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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