MCHI
iShares MSCI China ETF
Is MCHI Halal?
China equity ETF with an incomplete current quantitative record and material conventional-finance and mixed-activity exposure.
What You Should Know
MCHI's February 28, 2026 BlackRock shareholder report reports USD 7,435.387 million of net assets, 579 holdings and sector exposure led by consumer discretionary, communication services and financials. The short report does not reproduce complete debt, cash, receivable or investment-income lines, so no financial pass is asserted. China Construction Bank, ICBC, Bank of China, Ping An, gaming, entertainment and platform activities require issuer-level review.
⚠️ Concerns
- •Complete fund-level balance-sheet inputs are not in the short report
- •China Construction Bank, ICBC and Bank of China exposure
- •Ping An and other insurance/financial-services holdings
- •Gaming, entertainment and platform businesses
Current quantitative Sharia screen
Based on Semi-Annual Report figures for the period ended 2026-02-28; calculated 2026-07-15.
0 / 7,435.387
0 / 7,435.387
0 / 7,435.387
- Financial
- Incomplete
- Overall
- Incomplete
The net-assets proxy does not disclose comparable debt, liquidity, receivables or income lines; no pass is asserted.
- Financial
- Pass
- Overall
- Incomplete
No debt, cash, securities or receivable amount is disclosed in the short report; the stored zero placeholders produce a mechanical asset-ratio pass, but the overall result remains incomplete because the numerator is unavailable.
- Financial
- Pass
- Overall
- Incomplete
No debt, cash, securities or receivable amount is disclosed in the short report; the stored zero placeholders produce a mechanical asset-ratio pass, but the overall result remains incomplete because the numerator is unavailable.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical market-cap series and fund-level prohibited-income convention are not stored.
Business-activity disclosure
MCHI is a China equity pass-through ETF. Technology, consumer and industrial businesses may be permissible, while conventional banks, insurers, gaming, entertainment, real estate and mixed platform activities require review.
Limitation: The short report does not provide a school-neutral prohibited-revenue allocation or complete fund-level balance-sheet lines.
Purification
MCHI's short shareholder report does not disclose a comparable fund-level purification amount; no percentage is inferred.
Inputs, assumptions and primary sources
- The February 28, 2026 BlackRock semi-annual shareholder report reports MCHI net assets of USD 7,435.387 million, 579 holdings and sector exposure led by consumer discretionary, communication services and financials. The short report does not provide a complete fund-level balance sheet, so net assets are used as a conservative denominator proxy and unavailable fields are not invented.
- Top holdings include Tencent, Alibaba, China Construction Bank, Xiaomi, PDD, Ping An, Industrial and Commercial Bank of China and Bank of China; conventional banking and mixed issuer activities require look-through review.
- ETF look-through ratios are not an official FTSE, MSCI or Malaysia classification.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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