Is AVDR US LargeCap Leading ETF halal to invest in?

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

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

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

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

AVDR US LargeCap Leading ETF AVDR

AVDR Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is AVDR US LargeCap Leading ETF Halal?

Shariah Compliance Analysis of AVDR ETF

US Equity Large Cap

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

AVDR 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 22.24m in AUM and 51 holdings. AVDR tracks an index of large-cap US stocks from the S&P 500 that are perceived to avoid human bias.

AVDR US LargeCap Leading ETF (AVDR) Chart

Key Statistics of AVDR US LargeCap Leading ETF (AVDR)

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FAQ's for AVDR US LargeCap Leading ETF (AVDR)

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