Is First Trust Active Factor Large Cap ETF halal to invest in?

As of September 2026, First Trust Active Factor Large Cap ETF AFLG 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 First Trust Active Factor Large Cap 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 First Trust Active Factor Large Cap ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Active Factor Large Cap ETF updated?

The Shariah compliance status of First Trust Active Factor Large Cap 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 First Trust Active Factor Large Cap 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 First Trust Active Factor Large Cap ETF?

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

First Trust Active Factor Large Cap ETF AFLG

AFLG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Active Factor Large Cap ETF is classified as not halal.

NOT HALAL

Is First Trust Active Factor Large Cap ETF Halal?

Shariah Compliance Analysis of AFLG ETF

US Equity Large Cap

No. As of September 2026, First Trust Active Factor Large Cap ETF (AFLG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Active Factor Large Cap ETF does not pass Musaffa's business and financial screening criteria.

AFLG was created on 2019-12-03 by First Trust. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 469.2m in AUM and 247 holdings. AFLG is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation.

First Trust Active Factor Large Cap ETF (AFLG) Chart

Key Statistics of First Trust Active Factor Large Cap ETF (AFLG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
29.12%
Health Care
11.23%
Financials
10.58%
Industrials
10.49%
Consumer Discretionary
9.64%
Communication Services
7.09%
Consumer Staples
5.55%
Utilities
4.32%
Materials
3.83%
Real Estate
3.64%
Energy
2.75%
Other
1.76%

FAQ's for First Trust Active Factor Large Cap ETF (AFLG)

As of September 2026, First Trust Active Factor Large Cap ETF AFLG 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 First Trust Active Factor Large Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of First Trust Active Factor 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 First Trust Active Factor Large Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.