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Legal & General UCITS ETF Plc - Digital Payments DPAY.L
DPAY.L Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Legal & General UCITS ETF Plc - Digital Payments is classified as not halal.
NOT HALAL
Is Legal & General UCITS ETF Plc - Digital Payments Halal?
Shariah Compliance Analysis of DPAY.L ETF
No. As of September 2026, Legal & General UCITS ETF Plc - Digital Payments (DPAY.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Legal & General UCITS ETF Plc - Digital Payments does not pass Musaffa's business and financial screening criteria.
DPAY.L was created on 2021-04-21 by L&G . The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 8.17m in AUM and 40 holdings. The L&G Digital Payments UCITS ETF (the ETF) aims to track the performance of the Solactive Digital Payments Index NTR (the Index).The L&G Digital Payments UCITS ETF (the ETF) aims to track the performance of the Solactive Digital Payments Index NTR (the Index).
Legal & General UCITS ETF Plc - Digital Payments (DPAY.L) Chart
Key Statistics of Legal & General UCITS ETF Plc - Digital Payments (DPAY.L)
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-FAQ's for Legal & General UCITS ETF Plc - Digital Payments (DPAY.L)
- As of September 2026, Legal & General UCITS ETF Plc - Digital Payments DPAY.L 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 Legal & General UCITS ETF Plc - Digital Payments using these criteria to determine its compliance status.
- The Shariah compliance status of Legal & General UCITS ETF Plc - Digital Payments 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 Legal & General UCITS ETF Plc - Digital Payments on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
