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First Trust Indxx Metaverse ETF ARVR

Is First Trust Indxx Metaverse ETF Halal?

Shariah Compliance Analysis of ARVR ETF

No. As of October 2026, First Trust Indxx Metaverse ETF (ARVR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ARVR was created on 2022-04-19 by First Trust. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 4.87m in AUM and 44 holdings. ARVR tracks a modified equal-weighted index of stocks, spanning a broad range of industries globally, that are involved in business activities associated with the Metaverse.

ARVR Shariah Compliance

As of October 2026, First Trust Indxx Metaverse ETF is classified as not halal.

NOT HALAL

First Trust Indxx Metaverse ETF (ARVR) Chart

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