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ProShares MSCI Emerging Markets Dividend Growers ETF EMDV
EMDV Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, ProShares MSCI Emerging Markets Dividend Growers ETF is classified as not halal.
NOT HALAL
Is ProShares MSCI Emerging Markets Dividend Growers ETF Halal?
Shariah Compliance Analysis of EMDV ETF
No. As of September 2026, ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares MSCI Emerging Markets Dividend Growers ETF does not pass Musaffa's business and financial screening criteria.
EMDV was created on 2016-01-25 by ProShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 7.36m in AUM and 49 holdings. EMDV tracks an index composed of companies in the MSCI Emerging Markets Index that have consistent dividend growth for seven years.
ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) Chart
Key Statistics of ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Industrials14.54%
- Consumer Staples14.32%
- Information Technology13.36%
- Financials12.32%
- Health Care11.54%
- Other9.67%
- Utilities9.09%
- Materials5.89%
- Communication Services5.66%
- Consumer Discretionary3.61%
FAQ's for ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV)
- As of September 2026, ProShares MSCI Emerging Markets Dividend Growers ETF EMDV 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 ProShares MSCI Emerging Markets Dividend Growers ETF using these criteria to determine its compliance status.
- The Shariah compliance status of ProShares MSCI Emerging Markets Dividend Growers 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 ProShares MSCI Emerging Markets Dividend Growers ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
