Is First Trust China AlphaDEX Fund halal to invest in?

As of September 2026, First Trust China AlphaDEX Fund FCA 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 First Trust China AlphaDEX Fund 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 First Trust China AlphaDEX Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust China AlphaDEX Fund updated?

The Shariah compliance status of First Trust China AlphaDEX Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like First Trust China AlphaDEX Fund 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 First Trust China AlphaDEX Fund?

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

First Trust China AlphaDEX Fund FCA

FCA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust China AlphaDEX Fund is classified as not halal.

NOT HALAL

Is First Trust China AlphaDEX Fund ETF Halal?

Shariah Compliance Analysis of FCA ETF

US Equity Total Market

No. As of September 2026, First Trust China AlphaDEX Fund (FCA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust China AlphaDEX Fund does not pass Musaffa's business and financial screening criteria.

FCA was created on 2011-04-18 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 61.89m in AUM and 51 holdings. FCA tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors.

First Trust China AlphaDEX Fund (FCA) Chart

Key Statistics of First Trust China AlphaDEX Fund (FCA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
41.88%
Industrials
15.51%
Utilities
9.38%
Information Technology
6.31%
Consumer Discretionary
5.95%
Real Estate
5.31%
Materials
5.03%
Energy
4.15%
Communication Services
2.97%
Health Care
2.56%
Consumer Staples
0.95%

FAQ's for First Trust China AlphaDEX Fund (FCA)

As of September 2026, First Trust China AlphaDEX Fund FCA 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 First Trust China AlphaDEX Fund using these criteria to determine its compliance status.
The Shariah compliance status of First Trust China AlphaDEX Fund 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 First Trust China AlphaDEX Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.