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First Trust Dorsey Wright DALI Equity ETF DALI

Is First Trust Dorsey Wright DALI Equity ETF Halal?

Shariah Compliance Analysis of DALI ETF

No. As of October 2026, First Trust Dorsey Wright DALI Equity ETF (DALI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

DALI was created on 2018-05-14 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 119.85m in AUM and 8 holdings. DALI tracks an index that uses momentum indicators to rotate between US and international equity sleeves. The fund exclusively holds the single strongest-performing sleeve and uses other First Trust ETFs for exposure.

DALI Shariah Compliance

As of October 2026, First Trust Dorsey Wright DALI Equity ETF is classified as not halal.

NOT HALAL

First Trust Dorsey Wright DALI Equity ETF (DALI) Chart

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