Is Amplify Cash Flow Dividend Leaders ETF halal to invest in?

As of September 2026, Amplify Cash Flow Dividend Leaders ETF COWS 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 Amplify Cash Flow Dividend Leaders 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 Amplify Cash Flow Dividend Leaders ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Amplify Cash Flow Dividend Leaders ETF updated?

The Shariah compliance status of Amplify Cash Flow Dividend Leaders 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 Amplify Cash Flow Dividend Leaders 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 Amplify Cash Flow Dividend Leaders ETF?

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

Amplify Cash Flow Dividend Leaders ETF COWS

COWS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Amplify Cash Flow Dividend Leaders ETF is classified as not halal.

NOT HALAL

Is Amplify Cash Flow Dividend Leaders ETF Halal?

Shariah Compliance Analysis of COWS ETF

US Equity Total Market

No. As of September 2026, Amplify Cash Flow Dividend Leaders ETF (COWS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Amplify Cash Flow Dividend Leaders ETF does not pass Musaffa's business and financial screening criteria.

COWS was created on 2023-09-13 by Amplify. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 24.82m in AUM and 52 holdings. COWS is passively managed to invest on US companies with high free cash flow yield and dividend growth. Holdings are weighted based on a modified equal-weight basis. The fund aims to provide long-term capital appreciation and monthly income.

Amplify Cash Flow Dividend Leaders ETF (COWS) Chart

Key Statistics of Amplify Cash Flow Dividend Leaders ETF (COWS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
24.07%
Industrials
17.74%
Consumer Discretionary
14.82%
Communication Services
9.90%
Materials
9.71%
Information Technology
8.18%
Financials
6.02%
Health Care
4.72%
Utilities
3.65%
Consumer Staples
0.79%
Other
0.40%

FAQ's for Amplify Cash Flow Dividend Leaders ETF (COWS)

As of September 2026, Amplify Cash Flow Dividend Leaders ETF COWS 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 Amplify Cash Flow Dividend Leaders ETF using these criteria to determine its compliance status.
The Shariah compliance status of Amplify Cash Flow Dividend Leaders 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 Amplify Cash Flow Dividend Leaders ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.