Is Horizon Dividend Income ETF halal to invest in?

As of September 2026, Horizon Dividend Income ETF DIVN 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.

Is Horizon Dividend Income ETF a Shariah-compliant ETF?

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 Horizon Dividend Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Horizon Dividend Income ETF updated?

The Shariah compliance status of Horizon Dividend Income ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Horizon Dividend Income ETF become non-compliant?

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.

Where can I check the Shariah status of Horizon Dividend Income ETF?

You can check the latest Shariah compliance status of Horizon Dividend Income ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Horizon Dividend Income ETF DIVN

DIVN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Horizon Dividend Income ETF is classified as not halal.

NOT HALAL

Is Horizon Dividend Income ETF Halal?

Shariah Compliance Analysis of DIVN ETF

US Equity Large Cap

No. As of September 2026, Horizon Dividend Income ETF (DIVN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Horizon Dividend Income ETF does not pass Musaffa's business and financial screening criteria.

DIVN was created on 2025-06-25 by Horizon. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 131.04m in AUM and 132 holdings. DIVN is actively managed, seeking capital appreciation and current income through investments in dividend-paying US large-cap companies. The fund focuses on call writing but may also employ a combination of option strategies.

Horizon Dividend Income ETF (DIVN) Chart

Key Statistics of Horizon Dividend Income ETF (DIVN)

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FAQ's for Horizon Dividend Income ETF (DIVN)

As of September 2026, Horizon Dividend Income ETF DIVN 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 Horizon Dividend Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of Horizon Dividend Income 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 Horizon Dividend Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.