Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD FDRV.L

Is Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD Halal?

Q: Is Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD 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 Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD using these criteria to determine its compliance status.

Q: How often is the Shariah compliance for Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD updated?

The Shariah compliance status of Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Q: Can a halal ETF like Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD 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.

Q: Where can I check the Shariah status of Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD?

You can check the latest Shariah compliance status of Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Shariah Compliance Analysis of FDRV.L ETF

No. As of October 2026, Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD (FDRV.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FDRV.L was created on 2022-08-24 by Fidelity. The fund's investment portfolio concentrates primarily on theme equity. The investment objective of the Sub-Fund is to provide investors with a total net return, taking into account both capital and income returns, which reflects, before fees and expenses, the return of the Index.

FDRV.L Shariah Compliance

As of October 2026, Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD is classified as not halal.

NOT HALAL

Fidelity UCITS ICAV Fidelity Electric Vehicles and Future Transportation UCITS ETF AccumUSD (FDRV.L) Chart

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