Is WEBs Defined Volatility XLE ETF halal to invest in?

As of September 2026, WEBs Defined Volatility XLE ETF DVXE 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 WEBs Defined Volatility XLE 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 WEBs Defined Volatility XLE ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for WEBs Defined Volatility XLE ETF updated?

The Shariah compliance status of WEBs Defined Volatility XLE 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 WEBs Defined Volatility XLE 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 WEBs Defined Volatility XLE ETF?

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

WEBs Defined Volatility XLE ETF DVXE

DVXE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, WEBs Defined Volatility XLE ETF is classified as not halal.

NOT HALAL

Is WEBs Defined Volatility XLE ETF Halal?

Shariah Compliance Analysis of DVXE ETF

US Equity Energy

No. As of September 2026, WEBs Defined Volatility XLE ETF (DVXE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. WEBs Defined Volatility XLE ETF does not pass Musaffa's business and financial screening criteria.

DVXE was created on 2025-07-22 by WEBs. The fund's investment portfolio concentrates primarily on energy equity. DVXE tracks an index that adjusts exposure, between 0-200% via swaps, to the US large-cap Energy sector based on recent market volatility. The investment objective is to reduce volatility to a distinct target level and pursue better risk-adjusted sector returns.

WEBs Defined Volatility XLE ETF (DVXE) Chart

Key Statistics of WEBs Defined Volatility XLE ETF (DVXE)

Today's Open

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FAQ's for WEBs Defined Volatility XLE ETF (DVXE)

As of September 2026, WEBs Defined Volatility XLE ETF DVXE 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 WEBs Defined Volatility XLE ETF using these criteria to determine its compliance status.
The Shariah compliance status of WEBs Defined Volatility XLE 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 WEBs Defined Volatility XLE ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.