Is Absolute Select Value ETF halal to invest in?

As of September 2026, Absolute Select Value ETF ABEQ is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Absolute Select Value ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Absolute Select Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Absolute Select Value ETF updated?

The Shariah compliance status of Absolute Select Value ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Absolute Select Value ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Absolute Select Value ETF?

You can check the latest Shariah compliance status of Absolute Select Value ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Absolute Select Value ETF ABEQ

ABEQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Absolute Select Value ETF is classified as not halal.

NOT HALAL

Is Absolute Select Value ETF Halal?

Shariah Compliance Analysis of ABEQ ETF

US Equity Total Market

No. As of September 2026, Absolute Select Value ETF (ABEQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Absolute Select Value ETF does not pass Musaffa's business and financial screening criteria.

ABEQ was created on 2020-01-21 by Absolute. The fund's investment portfolio concentrates primarily on total market equity. ABEQ is an actively-managed portfolio of US stocks seeking positive absolute returns.

Absolute Select Value ETF (ABEQ) Chart

Key Statistics of Absolute Select Value ETF (ABEQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
34.26%
Materials
22.87%
Financials
9.96%
Health Care
8.87%
Energy
8.57%
Communication Services
6.89%
Real Estate
5.68%
Information Technology
2.90%

FAQ's for Absolute Select Value ETF (ABEQ)

As of September 2026, Absolute Select Value ETF ABEQ is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Absolute Select Value ETF using these criteria to determine its compliance status.
The Shariah compliance status of Absolute Select Value ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Absolute Select Value ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.