Is SMI 3Fourteen Full-Cycle Trend ETF halal to invest in?

As of September 2026, SMI 3Fourteen Full-Cycle Trend ETF FCTE is classified as doubtful 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 SMI 3Fourteen Full-Cycle Trend 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 SMI 3Fourteen Full-Cycle Trend ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SMI 3Fourteen Full-Cycle Trend ETF updated?

The Shariah compliance status of SMI 3Fourteen Full-Cycle Trend 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 SMI 3Fourteen Full-Cycle Trend 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 SMI 3Fourteen Full-Cycle Trend ETF?

You can check the latest Shariah compliance status of SMI 3Fourteen Full-Cycle Trend ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SMI 3Fourteen Full-Cycle Trend ETF FCTE

FCTE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SMI 3Fourteen Full-Cycle Trend ETF is classified as doubtful.

DOUBTFUL

Is SMI 3Fourteen Full-Cycle Trend ETF Halal?

Shariah Compliance Analysis of FCTE ETF

US Equity Large Cap

No. As of September 2026, SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. SMI 3Fourteen Full-Cycle Trend ETF does not fully pass Musaffa's business and financial screening criteria.

FCTE was created on 2024-07-02 by SMI Funds. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 265.65m in AUM and 21 holdings. FCTE seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors.

SMI 3Fourteen Full-Cycle Trend ETF (FCTE) Chart

Key Statistics of SMI 3Fourteen Full-Cycle Trend ETF (FCTE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for SMI 3Fourteen Full-Cycle Trend ETF (FCTE)

As of September 2026, SMI 3Fourteen Full-Cycle Trend ETF FCTE is classified as doubtful 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 SMI 3Fourteen Full-Cycle Trend ETF using these criteria to determine its compliance status.
The Shariah compliance status of SMI 3Fourteen Full-Cycle Trend 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 SMI 3Fourteen Full-Cycle Trend ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.