Is Matthews Asia Dividend Active ETF halal to invest in?

As of September 2026, Matthews Asia Dividend Active ETF ADVE 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 Matthews Asia Dividend Active 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 Matthews Asia Dividend Active ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Matthews Asia Dividend Active ETF updated?

The Shariah compliance status of Matthews Asia Dividend Active 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 Matthews Asia Dividend Active 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 Matthews Asia Dividend Active ETF?

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

Matthews Asia Dividend Active ETF ADVE

ADVE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Matthews Asia Dividend Active ETF is classified as not halal.

NOT HALAL

Is Matthews Asia Dividend Active ETF Halal?

Shariah Compliance Analysis of ADVE ETF

US Equity High Dividend Yield

No. As of September 2026, Matthews Asia Dividend Active ETF (ADVE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Matthews Asia Dividend Active ETF does not pass Musaffa's business and financial screening criteria.

ADVE was created on 2023-09-21 by Matthews. The fund's investment portfolio concentrates primarily on high dividend yield equity. ADVE is an actively managed portfolio of dividend-paying companies located in Asia. The fund seeks to provide total return with a level of current income higher than average Asian equities.

Matthews Asia Dividend Active ETF (ADVE) Chart

Key Statistics of Matthews Asia Dividend Active ETF (ADVE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
20.22%
Financials
15.97%
Consumer Discretionary
14.83%
Industrials
10.78%
Information Technology
10.70%
Consumer Staples
7.77%
Communication Services
5.64%
Real Estate
4.07%
Health Care
3.62%
Utilities
2.99%
Materials
1.82%
Energy
1.59%

FAQ's for Matthews Asia Dividend Active ETF (ADVE)

As of September 2026, Matthews Asia Dividend Active ETF ADVE 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 Matthews Asia Dividend Active ETF using these criteria to determine its compliance status.
The Shariah compliance status of Matthews Asia Dividend Active 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 Matthews Asia Dividend Active ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.