iShares 0-3 Month Treasury Bond (SGOV) - Questionable
iShares 0-3 Month Treasury Bond (SGOV) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- ETF
- Industry
- Exchange-Traded Fund
- Result
- Doubtful
- Reason
- SGOV is an ETF. Individual stock screening does not apply to ETFs — review the fund's underlying holdings for Shariah compliance.
Financial Ratios
About iShares 0-3 Month Treasury Bond
The index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of less than or equal to three months. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the underlying index.
Frequently Asked Questions
Is iShares 0-3 Month Treasury Bond (SGOV) stock halal to invest in?
According to AAOIFI Shariah screening standards, iShares 0-3 Month Treasury Bond (SGOV) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does iShares 0-3 Month Treasury Bond have any interest income?
Interest income data for iShares 0-3 Month Treasury Bond is factored into the financial ratio screening under AAOIFI standards.
What guidelines are used to determine if SGOV stock is Shariah-compliant?
SGOV is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is iShares 0-3 Month Treasury Bond stock reviewed for Shariah compliance?
iShares 0-3 Month Treasury Bond's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.

