Is Inspire Fidelis Multi Factor ETF halal to invest in?

As of September 2026, Inspire Fidelis Multi Factor ETF FDLS 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 Inspire Fidelis Multi Factor 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 Inspire Fidelis Multi Factor ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Inspire Fidelis Multi Factor ETF updated?

The Shariah compliance status of Inspire Fidelis Multi Factor 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 Inspire Fidelis Multi Factor 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 Inspire Fidelis Multi Factor ETF?

You can check the latest Shariah compliance status of Inspire Fidelis Multi Factor ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Inspire Fidelis Multi Factor ETF FDLS

FDLS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Inspire Fidelis Multi Factor ETF is classified as not halal.

NOT HALAL

Is Inspire Fidelis Multi Factor ETF Halal?

Shariah Compliance Analysis of FDLS ETF

US Equity Total Market

No. As of September 2026, Inspire Fidelis Multi Factor ETF (FDLS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Inspire Fidelis Multi Factor ETF does not pass Musaffa's business and financial screening criteria.

FDLS was created on 2022-08-23 by Inspire. The fund's investment portfolio concentrates primarily on total market equity. FDLS tracks an equal-weighted index that provides exposure to 100 US-listed stocks of various sectors and market capitalizations. Selection is based on high quality, value, and momentum characteristics that include a Christian values component, as defined by the issuer.

Inspire Fidelis Multi Factor ETF (FDLS) Chart

Key Statistics of Inspire Fidelis Multi Factor ETF (FDLS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
17.81%
Information Technology
17.16%
Industrials
17.08%
Health Care
12.81%
Energy
9.51%
Consumer Staples
8.33%
Consumer Discretionary
7.90%
Communication Services
5.65%
Materials
2.06%
Other
0.95%
Utilities
0.74%

FAQ's for Inspire Fidelis Multi Factor ETF (FDLS)

As of September 2026, Inspire Fidelis Multi Factor ETF FDLS 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 Inspire Fidelis Multi Factor ETF using these criteria to determine its compliance status.
The Shariah compliance status of Inspire Fidelis Multi Factor 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 Inspire Fidelis Multi Factor ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.