Musaffa Logo
VanEck Africa Index ETF AFK

Is VanEck Africa Index ETF Halal?

Shariah Compliance Analysis of AFK ETF

No. As of October 2026, VanEck Africa Index ETF (AFK) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

AFK was created on 2008-07-10 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 108.25m in AUM and 71 holdings. AFK tracks a GDP and market-cap-weighted index of companies generating a majority of their revenues in Africa.

AFK Shariah Compliance

As of October 2026, VanEck Africa Index ETF is classified as not halal.

NOT HALAL

VanEck Africa Index ETF (AFK) Chart

Fetching Price Chart...