Is Deka EURO STOXX 50(R) ESG UCITS ETF halal to invest in?

As of September 2026, Deka EURO STOXX 50(R) ESG UCITS ETF ELFA.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 EURO STOXX 50(R) ESG 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 EURO STOXX 50(R) ESG UCITS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Deka EURO STOXX 50(R) ESG UCITS ETF updated?

The Shariah compliance status of Deka EURO STOXX 50(R) ESG 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 EURO STOXX 50(R) ESG 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 EURO STOXX 50(R) ESG UCITS ETF?

You can check the latest Shariah compliance status of Deka EURO STOXX 50(R) ESG UCITS ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Deka EURO STOXX 50(R) ESG UCITS ETF ELFA.DE

ELFA.DE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Deka EURO STOXX 50(R) ESG UCITS ETF is classified as not halal.

NOT HALAL

Is Deka EURO STOXX 50(R) ESG UCITS ETF Halal?

Shariah Compliance Analysis of ELFA.DE ETF

DE Equity Total Market

No. As of September 2026, Deka EURO STOXX 50(R) ESG UCITS ETF (ELFA.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Deka EURO STOXX 50(R) ESG UCITS ETF does not pass Musaffa's business and financial screening criteria.

ELFA.DE was created on 2015-05-04 by Deka. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 365.56m in AUM and 51 holdings. Ziel des Fondsmanagements ist die exakte Abbildung der Wertentwicklung des zu Grunde liegenden Index.

Deka EURO STOXX 50(R) ESG UCITS ETF (ELFA.DE) Chart

Key Statistics of Deka EURO STOXX 50(R) ESG UCITS ETF (ELFA.DE)

Today's Open

AUM

Avg. Volume

Expense Ratio

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FAQ's for Deka EURO STOXX 50(R) ESG UCITS ETF (ELFA.DE)

As of September 2026, Deka EURO STOXX 50(R) ESG UCITS ETF ELFA.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 EURO STOXX 50(R) ESG UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of Deka EURO STOXX 50(R) ESG 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 EURO STOXX 50(R) ESG UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.