Is Kovitz Core Equity ETF halal to invest in?

As of September 2026, Kovitz Core Equity ETF EQTY 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 Kovitz Core Equity 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 Kovitz Core Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Kovitz Core Equity ETF updated?

The Shariah compliance status of Kovitz Core Equity 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 Kovitz Core Equity 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 Kovitz Core Equity ETF?

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

Kovitz Core Equity ETF EQTY

EQTY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Kovitz Core Equity ETF is classified as not halal.

NOT HALAL

Is Kovitz Core Equity ETF Halal?

Shariah Compliance Analysis of EQTY ETF

US Equity Total Market

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

EQTY was created on 2022-12-09 by Kovitz. The fund's investment portfolio concentrates primarily on total market equity. EQTY is a narrow, core equity portfolio of companies believed by the adviser to be high quality and undervalued. The actively managed fund invests in large- and mid-cap companies around the globe.

Kovitz Core Equity ETF (EQTY) Chart

Key Statistics of Kovitz Core Equity ETF (EQTY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
20.28%
Information Technology
19.78%
Other
16.37%
Consumer Discretionary
15.28%
Industrials
7.94%
Consumer Staples
6.70%
Communication Services
6.33%
Health Care
4.79%
Materials
2.53%

FAQ's for Kovitz Core Equity ETF (EQTY)

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