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AAM S&P Developed Markets High Dividend Value ETF DMDV

Is AAM S&P Developed Markets High Dividend Value ETF Halal?

Shariah Compliance Analysis of DMDV ETF

No. As of October 2026, AAM S&P Developed Markets High Dividend Value ETF (DMDV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

DMDV was created on 2018-11-27 by AAM. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 2.16m in AUM and 57 holdings. DMDV tracks an equal-weighted index of developed-market international large- and mid-cap stocks that score highly for both dividend yield and free cash flow.

DMDV Shariah Compliance

As of October 2026, AAM S&P Developed Markets High Dividend Value ETF is classified as not halal.

NOT HALAL

AAM S&P Developed Markets High Dividend Value ETF (DMDV) Chart

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