Is Avantis Emerging Markets Value ETF halal to invest in?

As of September 2026, Avantis Emerging Markets Value ETF AVES 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 Avantis Emerging Markets Value 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 Avantis Emerging Markets Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Avantis Emerging Markets Value ETF updated?

The Shariah compliance status of Avantis Emerging Markets Value 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 Avantis Emerging Markets Value 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 Avantis Emerging Markets Value ETF?

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

Avantis Emerging Markets Value ETF AVES

AVES Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Avantis Emerging Markets Value ETF is classified as not halal.

NOT HALAL

Is Avantis Emerging Markets Value ETF Halal?

Shariah Compliance Analysis of AVES ETF

US Equity Total Market

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

AVES was created on 2021-09-28 by Avantis. The fund's investment portfolio concentrates primarily on total market equity. AVES is an actively managed fund of emerging market equities with lower prices relative to their book values.

Avantis Emerging Markets Value ETF (AVES) Chart

Key Statistics of Avantis Emerging Markets Value ETF (AVES)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
20.14%
Other
17.28%
Information Technology
13.38%
Consumer Discretionary
12.15%
Industrials
10.85%
Materials
9.51%
Energy
4.42%
Health Care
3.45%
Communication Services
2.82%
Consumer Staples
2.56%
Utilities
1.93%
Real Estate
1.51%

FAQ's for Avantis Emerging Markets Value ETF (AVES)

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