Is WEBs Defined Volatility XLP ETF halal to invest in?

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

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

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

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

WEBs Defined Volatility XLP ETF DVXP

DVXP Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is WEBs Defined Volatility XLP ETF Halal?

Shariah Compliance Analysis of DVXP ETF

US Equity Consumer Staples

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

DVXP was created on 2025-07-23 by WEBs. The fund's investment portfolio concentrates primarily on consumer staples equity. DVXP tracks an index that adjusts exposure, between 0-200% via swaps, to the US large-cap Consumer Staples 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 XLP ETF (DVXP) Chart

Key Statistics of WEBs Defined Volatility XLP ETF (DVXP)

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FAQ's for WEBs Defined Volatility XLP ETF (DVXP)

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