Is Eventide High Dividend ETF halal to invest in?

As of September 2026, Eventide High Dividend ETF ELCV 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 Eventide High Dividend 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 Eventide High Dividend ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Eventide High Dividend ETF updated?

The Shariah compliance status of Eventide High Dividend 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 Eventide High Dividend 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 Eventide High Dividend ETF?

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

Eventide High Dividend ETF ELCV

ELCV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Eventide High Dividend ETF is classified as not halal.

NOT HALAL

Is Eventide High Dividend ETF Halal?

Shariah Compliance Analysis of ELCV ETF

US Equity High Dividend Yield

No. As of September 2026, Eventide High Dividend ETF (ELCV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Eventide High Dividend ETF does not pass Musaffa's business and financial screening criteria.

ELCV was created on 2024-09-30 by Eventide. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 157.09m in AUM and 47 holdings. ELCV is an actively managed portfolio of dividend-paying US stocks, selected through fundamental research and values-based principles. The fund seeks income, income growth, and long-term capital appreciation.

Eventide High Dividend ETF (ELCV) Chart

Key Statistics of Eventide High Dividend ETF (ELCV)

Today's Open

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FAQ's for Eventide High Dividend ETF (ELCV)

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