Is Alger 35 ETF halal to invest in?

As of September 2026, Alger 35 ETF ATFV 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 Alger 35 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 Alger 35 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Alger 35 ETF updated?

The Shariah compliance status of Alger 35 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 Alger 35 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 Alger 35 ETF?

You can check the latest Shariah compliance status of Alger 35 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Alger 35 ETF ATFV

ATFV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Alger 35 ETF is classified as not halal.

NOT HALAL

Is Alger 35 ETF Halal?

Shariah Compliance Analysis of ATFV ETF

US Equity Total Market

No. As of September 2026, Alger 35 ETF (ATFV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Alger 35 ETF does not pass Musaffa's business and financial screening criteria.

ATFV was created on 2021-05-03 by Alger. The fund's investment portfolio concentrates primarily on total market equity. ATFV is an actively-managed, non-transparent ETF that holds a concentrated portfolio of global growth stocks. The fund utilizes the Precidian non-transparent model.

Alger 35 ETF (ATFV) Chart

Key Statistics of Alger 35 ETF (ATFV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
34.58%
Communication Services
15.92%
Consumer Discretionary
15.66%
Other
15.12%
Health Care
8.72%
Industrials
4.90%
Utilities
3.42%
Energy
0.97%
Materials
0.71%

FAQ's for Alger 35 ETF (ATFV)

As of September 2026, Alger 35 ETF ATFV 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 Alger 35 ETF using these criteria to determine its compliance status.
The Shariah compliance status of Alger 35 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 Alger 35 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.