Is First Trust AAA CMBS ETF halal to invest in?

As of September 2026, First Trust AAA CMBS ETF CAAA 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 AAA CMBS 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 First Trust AAA CMBS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust AAA CMBS ETF updated?

The Shariah compliance status of First Trust AAA CMBS 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 First Trust AAA CMBS 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 First Trust AAA CMBS ETF?

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

First Trust AAA CMBS ETF CAAA

CAAA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust AAA CMBS ETF is classified as not halal.

NOT HALAL

Is First Trust AAA CMBS ETF Halal?

Shariah Compliance Analysis of CAAA ETF

US Fixed Income Investment Grade

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

CAAA was created on 2024-02-28 by First Trust. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 27.64m in AUM and 90 holdings. CAAA is an actively managed fund that primarily invests in commercial mortgage-backed securities with a credit rating of AAA. The fund seeks to provide long-term total return.

First Trust AAA CMBS ETF (CAAA) Chart

Key Statistics of First Trust AAA CMBS ETF (CAAA)

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FAQ's for First Trust AAA CMBS ETF (CAAA)

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