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Siren DIVCON Dividend Defender ETF DFND

Is Siren DIVCON Dividend Defender ETF Halal?

Shariah Compliance Analysis of DFND ETF

No. As of October 2026, Siren DIVCON Dividend Defender ETF (DFND) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

DFND was created on 2016-01-14 by Siren. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 8.9m in AUM and 61 holdings. DFND tracks an index of dividend-paying US large-cap stocks that are likely to increase dividends, while shorting those that are unlikely to do so. At rebalance, the fund is 75% long, 25% short.

DFND Shariah Compliance

As of October 2026, Siren DIVCON Dividend Defender ETF is classified as not halal.

NOT HALAL

Siren DIVCON Dividend Defender ETF (DFND) Chart

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