As of September 2026, DoubleLine Mortgage ETF is classified as not halal.
NOT HALAL
Is DoubleLine Mortgage ETF Halal?
Shariah Compliance Analysis of DMBS ETF
US Fixed Income Investment Grade
No. As of September 2026, DoubleLine Mortgage ETF (DMBS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. DoubleLine Mortgage ETF does not pass Musaffa's business and financial screening criteria.
DMBS was created on 2023-03-31 by DoubleLine. The fund's investment portfolio concentrates primarily on investment grade fixed income. DMBS is an actively managed portfolio of investment grade residential mortgage-backed securities of any maturity. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index.
DoubleLine Mortgage ETF (DMBS) Chart
Key Statistics of DoubleLine Mortgage ETF (DMBS)
Today's Open
-
AUM
-
Avg. Volume
-
Expense Ratio
-
P/E Ratio
-
P/B Ratio
-
FAQ's for DoubleLine Mortgage ETF (DMBS)
As of September 2026, DoubleLine Mortgage ETF DMBS 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 DoubleLine Mortgage ETF using these criteria to determine its compliance status.
The Shariah compliance status of DoubleLine Mortgage 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 DoubleLine Mortgage ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.