As of September 2026, Doubleline ABS ETF is classified as not halal.
NOT HALAL
Is Doubleline ABS ETF Halal?
Shariah Compliance Analysis of DABS ETF
US Fixed Income Broad Credit
No. As of September 2026, Doubleline ABS ETF (DABS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Doubleline ABS ETF does not pass Musaffa's business and financial screening criteria.
DABS was created on 2025-02-28 by DoubleLine. The fund's investment portfolio concentrates primarily on broad credit fixed income. DABS is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities.
Doubleline ABS ETF (DABS) Chart
Key Statistics of Doubleline ABS ETF (DABS)
Today's Open
-
AUM
-
Avg. Volume
-
Expense Ratio
-
P/E Ratio
-
P/B Ratio
-
FAQ's for Doubleline ABS ETF (DABS)
As of September 2026, Doubleline ABS ETF DABS 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 Doubleline ABS ETF using these criteria to determine its compliance status.
The Shariah compliance status of Doubleline ABS 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 Doubleline ABS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.