Is Calvert US Large-Cap Core Responsible Index ETF halal to invest in?

As of September 2026, Calvert US Large-Cap Core Responsible Index ETF CVLC 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 Calvert US Large-Cap Core Responsible Index 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 Calvert US Large-Cap Core Responsible Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Calvert US Large-Cap Core Responsible Index ETF updated?

The Shariah compliance status of Calvert US Large-Cap Core Responsible Index 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 Calvert US Large-Cap Core Responsible Index 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 Calvert US Large-Cap Core Responsible Index ETF?

You can check the latest Shariah compliance status of Calvert US Large-Cap Core Responsible Index ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Calvert US Large-Cap Core Responsible Index ETF CVLC

CVLC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Calvert US Large-Cap Core Responsible Index ETF is classified as not halal.

NOT HALAL

Is Calvert US Large-Cap Core Responsible Index ETF Halal?

Shariah Compliance Analysis of CVLC ETF

US Equity Large Cap

No. As of September 2026, Calvert US Large-Cap Core Responsible Index ETF (CVLC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Calvert US Large-Cap Core Responsible Index ETF does not pass Musaffa's business and financial screening criteria.

CVLC was created on 2023-01-30 by Calvert. The fund's investment portfolio concentrates primarily on large cap equity. CVLC tracks a market-cap-weighted, ESG-screened index of US large-cap stocks.

Calvert US Large-Cap Core Responsible Index ETF (CVLC) Chart

Key Statistics of Calvert US Large-Cap Core Responsible Index ETF (CVLC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
32.26%
Financials
14.68%
Health Care
11.29%
Consumer Discretionary
10.76%
Industrials
10.07%
Communication Services
6.90%
Consumer Staples
5.59%
Materials
2.94%
Real Estate
2.94%
Utilities
1.78%
Energy
0.42%
Other
0.37%

FAQ's for Calvert US Large-Cap Core Responsible Index ETF (CVLC)

As of September 2026, Calvert US Large-Cap Core Responsible Index ETF CVLC 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 Calvert US Large-Cap Core Responsible Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of Calvert US Large-Cap Core Responsible Index 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 Calvert US Large-Cap Core Responsible Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.