Is Amplify CWP Enhanced Dividend Income ETF halal to invest in?

As of September 2026, Amplify CWP Enhanced Dividend Income ETF DIVO 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 Amplify CWP Enhanced 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 Amplify CWP Enhanced Dividend Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Amplify CWP Enhanced Dividend Income ETF updated?

The Shariah compliance status of Amplify CWP Enhanced 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 Amplify CWP Enhanced 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 Amplify CWP Enhanced Dividend Income ETF?

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

Amplify CWP Enhanced Dividend Income ETF DIVO

DIVO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Amplify CWP Enhanced Dividend Income ETF is classified as not halal.

NOT HALAL

Is Amplify CWP Enhanced Dividend Income ETF Halal?

Shariah Compliance Analysis of DIVO ETF

US Equity Large Cap

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

DIVO was created on 2016-12-14 by Amplify. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 5924.97m in AUM and 27 holdings. DIVO is an actively managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy.

Amplify CWP Enhanced Dividend Income ETF (DIVO) Chart

Key Statistics of Amplify CWP Enhanced Dividend Income ETF (DIVO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
20.60%
Health Care
14.13%
Information Technology
13.99%
Other
11.03%
Industrials
10.28%
Consumer Discretionary
10.24%
Consumer Staples
8.39%
Energy
4.44%
Communication Services
3.00%
Materials
2.81%
Utilities
1.09%

FAQ's for Amplify CWP Enhanced Dividend Income ETF (DIVO)

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