Is AVDR US LargeCap ESG ETF halal to invest in?

As of September 2026, AVDR US LargeCap ESG ETF AVDG 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 AVDR US LargeCap ESG 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 AVDR US LargeCap ESG ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AVDR US LargeCap ESG ETF updated?

The Shariah compliance status of AVDR US LargeCap ESG 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 AVDR US LargeCap ESG 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 AVDR US LargeCap ESG ETF?

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

AVDR US LargeCap ESG ETF AVDG

AVDG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AVDR US LargeCap ESG ETF is classified as not halal.

NOT HALAL

Is AVDR US LargeCap ESG ETF Halal?

Shariah Compliance Analysis of AVDG ETF

US Equity Large Cap

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

AVDG was created on 2020-12-30 by New Age Alpha. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 8.82m in AUM and 51 holdings. AVDG tracks an index of large-cap US stocks that employ ESG strategies without perceived human bias.

AVDR US LargeCap ESG ETF (AVDG) Chart

Key Statistics of AVDR US LargeCap ESG ETF (AVDG)

Today's Open

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FAQ's for AVDR US LargeCap ESG ETF (AVDG)

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