Is First Trust Lunt U.S. Factor Rotation ETF halal to invest in?

As of September 2026, First Trust Lunt U.S. Factor Rotation ETF FCTR 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 Lunt U.S. Factor Rotation 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 First Trust Lunt U.S. Factor Rotation ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Lunt U.S. Factor Rotation ETF updated?

The Shariah compliance status of First Trust Lunt U.S. Factor Rotation 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 First Trust Lunt U.S. Factor Rotation 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 First Trust Lunt U.S. Factor Rotation ETF?

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

First Trust Lunt U.S. Factor Rotation ETF FCTR

FCTR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Lunt U.S. Factor Rotation ETF is classified as not halal.

NOT HALAL

Is First Trust Lunt U.S. Factor Rotation ETF Halal?

Shariah Compliance Analysis of FCTR ETF

US Equity Large Cap

No. As of September 2026, First Trust Lunt U.S. Factor Rotation ETF (FCTR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Lunt U.S. Factor Rotation ETF does not pass Musaffa's business and financial screening criteria.

FCTR was created on 2018-07-25 by First Trust. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 54.38m in AUM and 160 holdings. FCTR tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score. The fund aims to outperform the broad market over time.

First Trust Lunt U.S. Factor Rotation ETF (FCTR) Chart

Key Statistics of First Trust Lunt U.S. Factor Rotation ETF (FCTR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
21.94%
Industrials
19.49%
Financials
15.95%
Utilities
10.53%
Consumer Discretionary
8.14%
Health Care
7.60%
Consumer Staples
6.47%
Real Estate
4.68%
Communication Services
2.38%
Energy
1.97%
Materials
0.47%
Other
0.38%

FAQ's for First Trust Lunt U.S. Factor Rotation ETF (FCTR)

As of September 2026, First Trust Lunt U.S. Factor Rotation ETF FCTR 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 Lunt U.S. Factor Rotation ETF using these criteria to determine its compliance status.
The Shariah compliance status of First Trust Lunt U.S. Factor Rotation 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 First Trust Lunt U.S. Factor Rotation ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.