Is Deka US Treasury 7-10 UCITS ETF Units halal to invest in?

As of September 2026, Deka US Treasury 7-10 UCITS ETF Units ELFE.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 US Treasury 7-10 UCITS ETF Units 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 US Treasury 7-10 UCITS ETF Units using these criteria to determine its compliance status.

How often is the Shariah compliance for Deka US Treasury 7-10 UCITS ETF Units updated?

The Shariah compliance status of Deka US Treasury 7-10 UCITS ETF Units 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 US Treasury 7-10 UCITS ETF Units 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 US Treasury 7-10 UCITS ETF Units?

You can check the latest Shariah compliance status of Deka US Treasury 7-10 UCITS ETF Units on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Deka US Treasury 7-10 UCITS ETF Units ELFE.DE

ELFE.DE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Deka US Treasury 7-10 UCITS ETF Units is classified as not halal.

NOT HALAL

Is Deka US Treasury 7-10 UCITS ETF Units Halal?

Shariah Compliance Analysis of ELFE.DE ETF

DE Fixed Income Investment Grade

No. As of September 2026, Deka US Treasury 7-10 UCITS ETF Units (ELFE.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Deka US Treasury 7-10 UCITS ETF Units does not pass Musaffa's business and financial screening criteria.

ELFE.DE was created on 2019-08-09 by Deka. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 251.25m in AUM and 13 holdings. Ziel des Fondsmanagements ist die exakte Abbildung der Wertentwicklung des zu Grunde liegenden Index.

Deka US Treasury 7-10 UCITS ETF Units (ELFE.DE) Chart

Key Statistics of Deka US Treasury 7-10 UCITS ETF Units (ELFE.DE)

Today's Open

AUM

Avg. Volume

Expense Ratio

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FAQ's for Deka US Treasury 7-10 UCITS ETF Units (ELFE.DE)

As of September 2026, Deka US Treasury 7-10 UCITS ETF Units ELFE.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 US Treasury 7-10 UCITS ETF Units using these criteria to determine its compliance status.
The Shariah compliance status of Deka US Treasury 7-10 UCITS ETF Units 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 US Treasury 7-10 UCITS ETF Units on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.