As of September 2026, Deka STOXX Europe 50 UCITS ETF is classified as not halal.
NOT HALAL
Is Deka STOXX Europe 50 UCITS ETF Halal?
Shariah Compliance Analysis of EL4Y.DE ETF
DE Equity Large Cap
No. As of September 2026, Deka STOXX Europe 50 UCITS ETF (EL4Y.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Deka STOXX Europe 50 UCITS ETF does not pass Musaffa's business and financial screening criteria.
EL4Y.DE was created on 2009-04-08 by Deka. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 192.96m in AUM and 51 holdings. Der Deka STOXX Europe 50 UCITS ETF ist ein UCITS IV konformer Publikumsfonds, der die Performance des STOXX Europe 50 Preisindex nachbildet.
Deka STOXX Europe 50 UCITS ETF (EL4Y.DE) Chart
Key Statistics of Deka STOXX Europe 50 UCITS ETF (EL4Y.DE)
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FAQ's for Deka STOXX Europe 50 UCITS ETF (EL4Y.DE)
As of September 2026, Deka STOXX Europe 50 UCITS ETF EL4Y.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 50 UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of Deka STOXX Europe 50 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 50 UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.