Musaffa Logo
Madison Dividend Value ETF DIVL

Is Madison Dividend Value ETF Halal?

Shariah Compliance Analysis of DIVL ETF

No. As of October 2026, Madison Dividend Value ETF (DIVL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

DIVL was created on 2023-08-15 by Madison. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 61.85m in AUM and 38 holdings. DIVL uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued.

DIVL Shariah Compliance

As of October 2026, Madison Dividend Value ETF is classified as not halal.

NOT HALAL

Madison Dividend Value ETF (DIVL) Chart

Fetching Price Chart...