Is Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF halal to invest in?

As of September 2026, Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF ELFC.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 iSTOXX ex Fin Dividend+ 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 iSTOXX ex Fin Dividend+ UCITS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF updated?

The Shariah compliance status of Deka EURO iSTOXX ex Fin Dividend+ 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 iSTOXX ex Fin Dividend+ 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 iSTOXX ex Fin Dividend+ UCITS ETF?

You can check the latest Shariah compliance status of Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF ELFC.DE

ELFC.DE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF is classified as not halal.

NOT HALAL

Is Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF Halal?

Shariah Compliance Analysis of ELFC.DE ETF

DE Equity High Dividend Yield

No. As of September 2026, Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF (ELFC.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF does not pass Musaffa's business and financial screening criteria.

ELFC.DE was created on 2015-09-15 by Deka. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 395.35m in AUM and 51 holdings. The selection of the assets intended for the Fundstands are aimed, while maintaining a reasonableRisk mix the EURO iSTOXX Ex Financials High Dividend50 (price index).

Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF (ELFC.DE) Chart

Key Statistics of Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF (ELFC.DE)

Today's Open

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FAQ's for Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF (ELFC.DE)

As of September 2026, Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF ELFC.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 iSTOXX ex Fin Dividend+ UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of Deka EURO iSTOXX ex Fin Dividend+ 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 iSTOXX ex Fin Dividend+ UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.