As of September 2026, Eaton Vance Ultra-Short Income ETF is classified as not halal.
NOT HALAL
Is Eaton Vance Ultra-Short Income ETF Halal?
Shariah Compliance Analysis of EVSB ETF
US Fixed Income Investment Grade
No. As of September 2026, Eaton Vance Ultra-Short Income ETF (EVSB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Eaton Vance Ultra-Short Income ETF does not pass Musaffa's business and financial screening criteria.
EVSB was created on 2023-10-16 by Eaton Vance. The fund's investment portfolio concentrates primarily on investment grade fixed income. EVSB is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less.
Eaton Vance Ultra-Short Income ETF (EVSB) Chart
Key Statistics of Eaton Vance Ultra-Short Income ETF (EVSB)
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FAQ's for Eaton Vance Ultra-Short Income ETF (EVSB)
As of September 2026, Eaton Vance Ultra-Short Income ETF EVSB 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 Eaton Vance Ultra-Short Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of Eaton Vance Ultra-Short Income 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 Eaton Vance Ultra-Short Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.