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Deka STOXX Europe Strong Style Composite 40 UCITS ETF EL4E.DE

Is Deka STOXX Europe Strong Style Composite 40 UCITS ETF Halal?

Shariah Compliance Analysis of EL4E.DE ETF

No. As of October 2026, Deka STOXX Europe Strong Style Composite 40 UCITS ETF (EL4E.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

EL4E.DE was created on 2008-03-14 by Deka. The fund's investment portfolio concentrates primarily on total market equity. The Deka STOXX Europe Strong Style Composite 40 UCITS ETF is a UCITS IV compliant retail fund that tracks the performance of the STOXX Europe Strong Style Composite 40 Index (price index). The index tracks the 20 purest growth and 20 purest value companies in Europe.

EL4E.DE Shariah Compliance

As of October 2026, Deka STOXX Europe Strong Style Composite 40 UCITS ETF is classified as not halal.

NOT HALAL

Deka STOXX Europe Strong Style Composite 40 UCITS ETF (EL4E.DE) Chart

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