Is First Trust BICK Index Fund halal to invest in?

As of September 2026, First Trust BICK Index Fund BICK 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 First Trust BICK Index Fund 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 First Trust BICK Index Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust BICK Index Fund updated?

The Shariah compliance status of First Trust BICK Index Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like First Trust BICK Index Fund 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 First Trust BICK Index Fund?

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

First Trust BICK Index Fund BICK

BICK Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust BICK Index Fund is classified as not halal.

NOT HALAL

Is First Trust BICK Index Fund ETF Halal?

Shariah Compliance Analysis of BICK ETF

US Equity Total Market

No. As of September 2026, First Trust BICK Index Fund (BICK) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust BICK Index Fund does not pass Musaffa's business and financial screening criteria.

BICK was created on 2010-04-12 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 12.25m in AUM and 86 holdings. BICK tracks an equal-weighted index of firms from Brazil, China, India and South Korea.

First Trust BICK Index Fund (BICK) Chart

Key Statistics of First Trust BICK Index Fund (BICK)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
32.09%
Consumer Discretionary
16.33%
Financials
9.13%
Materials
7.82%
Industrials
7.59%
Information Technology
7.17%
Communication Services
7.04%
Utilities
4.59%
Health Care
3.28%
Consumer Staples
2.66%
Energy
2.30%

FAQ's for First Trust BICK Index Fund (BICK)

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