The iShares Silver Trust (SLV) is a Shariah-compliant commodity ETF holding physical silver bullion, with zero debt, negligible liquidity ratio, and no non-permissible income. All major Shariah indices include SLV due to its halal underlying asset and clean financial profile. Overall compliance is strong, supported by low ESG risks and alignment with Islamic principles on tangible asset investments. No purification is required, and the trust structure ensures transparency and ethical governance. Investors can confidently include SLV in Shariah portfolios for commodity exposure.