As of September 2026, Argent Large Cap ETF is classified as not halal.
NOT HALAL
Is Argent Large Cap ETF Halal?
Shariah Compliance Analysis of ABIG ETF
US Equity Large Cap
No. As of September 2026, Argent Large Cap ETF (ABIG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Argent Large Cap ETF does not pass Musaffa's business and financial screening criteria.
ABIG was created on 2025-04-08 by Argent. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 42.03m in AUM and 30 holdings. ABIG is an actively managed, narrow selection of US large-cap stocks. The selection process is heavily based on fundamental research and weighted based on analyst conviction. The investment objective is to outperform the S&P 500 over the long term.
Argent Large Cap ETF (ABIG) Chart
Key Statistics of Argent Large Cap ETF (ABIG)
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FAQ's for Argent Large Cap ETF (ABIG)
As of September 2026, Argent Large Cap ETF ABIG 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 Argent Large Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of Argent Large Cap 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 Argent Large Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.