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

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

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

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

You can check the latest Shariah compliance status of First Trust Active Factor Mid 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 Mid Cap ETF AFMC

AFMC Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is First Trust Active Factor Mid Cap ETF Halal?

Shariah Compliance Analysis of AFMC ETF

US Equity Mid Cap

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

AFMC was created on 2019-12-03 by First Trust. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 98.34m in AUM and 269 holdings. AFMC is an actively managed portfolio of factor-focused US mid-cap companies seeking capital appreciation.

First Trust Active Factor Mid Cap ETF (AFMC) Chart

Key Statistics of First Trust Active Factor Mid Cap ETF (AFMC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
22.81%
Consumer Discretionary
15.24%
Financials
13.26%
Information Technology
12.17%
Health Care
9.34%
Real Estate
7.67%
Materials
6.67%
Consumer Staples
4.31%
Energy
3.40%
Utilities
2.99%
Communication Services
1.96%
Other
0.18%

FAQ's for First Trust Active Factor Mid Cap ETF (AFMC)

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