Is Deka STOXX Europe Strong Value 20 UCITS ETF halal to invest in?

As of September 2026, Deka STOXX Europe Strong Value 20 UCITS ETF EL4D.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 STOXX Europe Strong Value 20 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 STOXX Europe Strong Value 20 UCITS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Deka STOXX Europe Strong Value 20 UCITS ETF updated?

The Shariah compliance status of Deka STOXX Europe Strong Value 20 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 STOXX Europe Strong Value 20 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 STOXX Europe Strong Value 20 UCITS ETF?

You can check the latest Shariah compliance status of Deka STOXX Europe Strong Value 20 UCITS ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Deka STOXX Europe Strong Value 20 UCITS ETF EL4D.DE

EL4D.DE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Deka STOXX Europe Strong Value 20 UCITS ETF is classified as not halal.

NOT HALAL

Is Deka STOXX Europe Strong Value 20 UCITS ETF Halal?

Shariah Compliance Analysis of EL4D.DE ETF

DE Equity Total Market

No. As of September 2026, Deka STOXX Europe Strong Value 20 UCITS ETF (EL4D.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Deka STOXX Europe Strong Value 20 UCITS ETF does not pass Musaffa's business and financial screening criteria.

EL4D.DE was created on 2008-03-14 by Deka. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 59.73m in AUM and 21 holdings. The Deka STOXX Europe Strong Value 20 UCITS ETF is a UCITS IV-compliant retail fund that tracks the performance of the STOXX Europe Strong Value 20 Index (price index). The index tracks the 20 purest value companies in Europe.

Deka STOXX Europe Strong Value 20 UCITS ETF (EL4D.DE) Chart

Key Statistics of Deka STOXX Europe Strong Value 20 UCITS ETF (EL4D.DE)

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FAQ's for Deka STOXX Europe Strong Value 20 UCITS ETF (EL4D.DE)

As of September 2026, Deka STOXX Europe Strong Value 20 UCITS ETF EL4D.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 STOXX Europe Strong Value 20 UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of Deka STOXX Europe Strong Value 20 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 STOXX Europe Strong Value 20 UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.