Is Sound Equity Dividend Income ETF halal to invest in?

As of September 2026, Sound Equity Dividend Income ETF DIVY 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 Sound Equity 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 Sound Equity Dividend Income ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of Sound Equity 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 Sound Equity 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 Sound Equity Dividend Income ETF?

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

Sound Equity Dividend Income ETF DIVY

DIVY Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Sound Equity Dividend Income ETF Halal?

Shariah Compliance Analysis of DIVY ETF

US Equity High Dividend Yield

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

DIVY was created on 2020-12-30 by Sound Income Strategies. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 28.44m in AUM and 36 holdings. DIVY is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield.

Sound Equity Dividend Income ETF (DIVY) Chart

Key Statistics of Sound Equity Dividend Income ETF (DIVY)

Today's Open

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FAQ's for Sound Equity Dividend Income ETF (DIVY)

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