Is ALPS Barron's 400 ETF halal to invest in?

As of September 2026, ALPS Barron's 400 ETF BFOR 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 ALPS Barron's 400 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 ALPS Barron's 400 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ALPS Barron's 400 ETF updated?

The Shariah compliance status of ALPS Barron's 400 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 ALPS Barron's 400 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 ALPS Barron's 400 ETF?

You can check the latest Shariah compliance status of ALPS Barron's 400 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ALPS Barron's 400 ETF BFOR

BFOR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ALPS Barron's 400 ETF is classified as not halal.

NOT HALAL

Is ALPS Barron's 400 ETF Halal?

Shariah Compliance Analysis of BFOR ETF

US Equity Total Market

No. As of September 2026, ALPS Barron's 400 ETF (BFOR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ALPS Barron's 400 ETF does not pass Musaffa's business and financial screening criteria.

BFOR was created on 2013-06-04 by ALPS. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 188.82m in AUM and 401 holdings. BFOR tracks an equally weighted index comprising 400 US companies selected on fundamental parameters.

ALPS Barron's 400 ETF (BFOR) Chart

Key Statistics of ALPS Barron's 400 ETF (BFOR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
22.53%
Industrials
18.33%
Consumer Discretionary
14.82%
Information Technology
12.27%
Health Care
10.82%
Energy
8.47%
Consumer Staples
4.33%
Materials
4.21%
Communication Services
2.00%
Utilities
1.14%
Other
0.61%
Real Estate
0.47%

FAQ's for ALPS Barron's 400 ETF (BFOR)

As of September 2026, ALPS Barron's 400 ETF BFOR 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 ALPS Barron's 400 ETF using these criteria to determine its compliance status.
The Shariah compliance status of ALPS Barron's 400 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 ALPS Barron's 400 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.