As of September 2026, Allspring LT Large Core ETF is classified as not halal.
NOT HALAL
Is Allspring LT Large Core ETF Halal?
Shariah Compliance Analysis of ALRG ETF
US Equity Large Cap
No. As of September 2026, Allspring LT Large Core ETF (ALRG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Allspring LT Large Core ETF does not pass Musaffa's business and financial screening criteria.
ALRG was created on 2025-07-08 by Allspring. The fund's investment portfolio concentrates primarily on large cap equity. ALRG actively invests in large-cap companies in the US, selected through a combination of fundamental analysis and a proprietary valuation framework.
Allspring LT Large Core ETF (ALRG) Chart
Key Statistics of Allspring LT Large Core ETF (ALRG)
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FAQ's for Allspring LT Large Core ETF (ALRG)
As of September 2026, Allspring LT Large Core ETF ALRG 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 Allspring LT Large Core ETF using these criteria to determine its compliance status.
The Shariah compliance status of Allspring LT Large Core 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 Allspring LT Large Core ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.