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FT Vest Dow Jones Internet & Target Income ETF FDND
FDND Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, FT Vest Dow Jones Internet & Target Income ETF is classified as not halal.
NOT HALAL
Is FT Vest Dow Jones Internet & Target Income ETF Halal?
Shariah Compliance Analysis of FDND ETF
No. As of September 2026, FT Vest Dow Jones Internet & Target Income ETF (FDND) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. FT Vest Dow Jones Internet & Target Income ETF does not pass Musaffa's business and financial screening criteria.
FDND was created on 2024-03-20 by FT Vest. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 9.37m in AUM and 42 holdings. FDND is an actively managed fund that seeks a target level of current income and capital appreciation by holding a portfolio of US internet stocks, while utilizing a naked call writing strategy on the Nasdaq-100 Index or related ETF.
FT Vest Dow Jones Internet & Target Income ETF (FDND) Chart
Key Statistics of FT Vest Dow Jones Internet & Target Income ETF (FDND)
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-FAQ's for FT Vest Dow Jones Internet & Target Income ETF (FDND)
- As of September 2026, FT Vest Dow Jones Internet & Target Income ETF FDND 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 FT Vest Dow Jones Internet & Target Income ETF using these criteria to determine its compliance status.
- The Shariah compliance status of FT Vest Dow Jones Internet & Target Income 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 FT Vest Dow Jones Internet & Target Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
