Is MarketDesk Focused U.S. Dividend ETF halal to invest in?

As of September 2026, MarketDesk Focused U.S. Dividend ETF FDIV 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 MarketDesk Focused U.S. Dividend 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 MarketDesk Focused U.S. Dividend ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for MarketDesk Focused U.S. Dividend ETF updated?

The Shariah compliance status of MarketDesk Focused U.S. Dividend 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 MarketDesk Focused U.S. Dividend 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 MarketDesk Focused U.S. Dividend ETF?

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

MarketDesk Focused U.S. Dividend ETF FDIV

FDIV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, MarketDesk Focused U.S. Dividend ETF is classified as not halal.

NOT HALAL

Is MarketDesk Focused U.S. Dividend ETF Halal?

Shariah Compliance Analysis of FDIV ETF

US Equity High Dividend Yield

No. As of September 2026, MarketDesk Focused U.S. Dividend ETF (FDIV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. MarketDesk Focused U.S. Dividend ETF does not pass Musaffa's business and financial screening criteria.

FDIV was created on 2023-09-19 by MarketDesk. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 66.6m in AUM and 62 holdings. FDIV is actively managed, investing primarily in US companies that are forecasted to raise their dividends. The fund constructs its portfolio using a quantitative dividend screening methodology with the goal of generating above-average income.

MarketDesk Focused U.S. Dividend ETF (FDIV) Chart

Key Statistics of MarketDesk Focused U.S. Dividend ETF (FDIV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Staples
24.62%
Industrials
17.62%
Consumer Discretionary
12.05%
Materials
10.56%
Financials
9.14%
Energy
6.57%
Health Care
6.54%
Communication Services
6.11%
Information Technology
5.52%
Utilities
0.84%
Other
0.43%

FAQ's for MarketDesk Focused U.S. Dividend ETF (FDIV)

As of September 2026, MarketDesk Focused U.S. Dividend ETF FDIV 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 MarketDesk Focused U.S. Dividend ETF using these criteria to determine its compliance status.
The Shariah compliance status of MarketDesk Focused U.S. Dividend 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 MarketDesk Focused U.S. Dividend ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.