Is IVV Halal?iShares S&P 500 ETF Screening Results

iShares Core S&P 500 ETF (IVV) is one of the most popular ETFs in the world with $530B in assets. We screened every single holding — all 503 stocks — against Shariah standards using the Halal Terminal API to give you a definitive, data-backed answer.

Screening Results at a Glance

Why IVV Fails Shariah Screening

IVV is iShares' version of the S&P 500 ETF — the same 503 stocks as SPY and VOO, just from BlackRock instead of State Street or Vanguard. The Shariah compliance picture is identical to SPY and VOO: 67% of holdings pass, but banks, insurance companies, and alcohol/tobacco producers make the overall ETF non-compliant.

If you've already read our Is SPY Halal? or Is VOO Halal? articles, the screening results are the same. The choice between IVV, VOO, and SPY is about expense ratios and broker preferences, not compliance.

Bottom line: IVV is not halal. Use SPUS for a Shariah-filtered S&P 500 alternative.

Top Compliant Holdings

These IVV holdings pass Shariah screening:

1. AAPL
2. MSFT
3. NVDA
4. AMZN
5. META
6. GOOGL
7. TSLA
8. UNH
9. AVGO
10. LLY

Non-Compliant Holdings

These holdings fail and are the primary reason IVV is not compliant:

1. JPM (banking)
2. BAC (banking)
3. WFC (banking)
4. GS (banking)
5. BRK.B (insurance/finance)
6. V (financial services)
7. MA (financial services)

Halal Alternatives

For similar market exposure with full Shariah compliance:

• SPUS (SP Funds S&P 500 Sharia ETF) — Shariah-screened S&P 500
• HLAL (Wahed FTSE USA Shariah ETF)
• UMMA (Wahed Dow Jones Islamic World ETF)

For a full comparison, see our Best Halal ETFs for 2026 guide.

Screen IVV Yourself

curl https://api.halalterminal.com/api/etf/IVV/screening \
  -H "X-API-Key: YOUR_KEY"

import requests

resp = requests.get(
    "https://api.halalterminal.com/api/etf/IVV/screening",
    headers={"X-API-Key": "YOUR_KEY"}
)
data = resp.json()

print(f"Compliance Rate: {data['compliance_rate']}%")
print(f"Compliant: {data['compliant_holdings']}/{data['total_holdings']}")
print(f"Purification: {data['purification_rate']:.1%}")

for h in data["holdings"]:
    if h["compliance_status"] != "compliant":
        print(f"  FAIL: {h['symbol']} ({h['weight']:.1%} weight)")

Key Takeaways

• IVV is NOT Shariah-compliant — 67.0% of holdings pass screening
• Weighted compliance: 62.8%
• Purification rate: 4.5%
• Halal alternatives: SPUS, HLAL, and UMMA offer similar exposure with full compliance