As of September 2026, Dimensional World Equity ETF is classified as not halal.
NOT HALAL
Is Dimensional World Equity ETF Halal?
Shariah Compliance Analysis of DFAW ETF
US Equity Total Market
No. As of September 2026, Dimensional World Equity ETF (DFAW) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Dimensional World Equity ETF does not pass Musaffa's business and financial screening criteria.
DFAW was created on 2023-09-26 by Dimensional. The fund's investment portfolio concentrates primarily on total market equity. DFAW is an actively managed fund of funds that invests in a broad portfolio of stocks across all market capitalizations globally. The funds objective is to provide long-term capital appreciation.
Dimensional World Equity ETF (DFAW) Chart
Key Statistics of Dimensional World Equity ETF (DFAW)
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FAQ's for Dimensional World Equity ETF (DFAW)
As of September 2026, Dimensional World Equity ETF DFAW 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 Dimensional World Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of Dimensional World Equity 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 Dimensional World Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.