Is Deka MSCI Europe UCITS ETF halal to invest in?

As of September 2026, Deka MSCI Europe UCITS ETF EL42.DE 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 Deka MSCI Europe UCITS 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 Deka MSCI Europe UCITS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Deka MSCI Europe UCITS ETF updated?

The Shariah compliance status of Deka MSCI Europe UCITS 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 Deka MSCI Europe UCITS 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 Deka MSCI Europe UCITS ETF?

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

Deka MSCI Europe UCITS ETF EL42.DE

EL42.DE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Deka MSCI Europe UCITS ETF is classified as not halal.

NOT HALAL

Is Deka MSCI Europe UCITS ETF Halal?

Shariah Compliance Analysis of EL42.DE ETF

DE Equity Total Market

No. As of September 2026, Deka MSCI Europe UCITS ETF (EL42.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Deka MSCI Europe UCITS ETF does not pass Musaffa's business and financial screening criteria.

EL42.DE was created on 2009-06-09 by Deka. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1170.44m in AUM and 397 holdings. Der Deka MSCI Europe UCITS ETF ist ein brsengehandelter Indexfonds (Exchange Traded Fund, ETF). Ziel des Fondsmanagements ist die exakte Abbildung der Wertentwicklung des zu Grunde liegenden Index.

Deka MSCI Europe UCITS ETF (EL42.DE) Chart

Key Statistics of Deka MSCI Europe UCITS ETF (EL42.DE)

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FAQ's for Deka MSCI Europe UCITS ETF (EL42.DE)

As of September 2026, Deka MSCI Europe UCITS ETF EL42.DE 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 Deka MSCI Europe UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of Deka MSCI Europe UCITS 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 Deka MSCI Europe UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.