Is Federated Hermes U.S. Strategic Dividend ETF halal to invest in?

As of September 2026, Federated Hermes U.S. Strategic Dividend ETF FDV 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 Federated Hermes U.S. Strategic 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 Federated Hermes U.S. Strategic Dividend ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Federated Hermes U.S. Strategic Dividend ETF updated?

The Shariah compliance status of Federated Hermes U.S. Strategic 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 Federated Hermes U.S. Strategic 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 Federated Hermes U.S. Strategic Dividend ETF?

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

Federated Hermes U.S. Strategic Dividend ETF FDV

FDV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Federated Hermes U.S. Strategic Dividend ETF is classified as not halal.

NOT HALAL

Is Federated Hermes U.S. Strategic Dividend ETF Halal?

Shariah Compliance Analysis of FDV ETF

US Equity High Dividend Yield

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

FDV was created on 2022-11-16 by Federated Hermes. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 590.07m in AUM and 51 holdings. FDV seeks income and long-term capital appreciation through an actively managed portfolio of high dividend-paying US stocks with the potential for dividend growth.

Federated Hermes U.S. Strategic Dividend ETF (FDV) Chart

Key Statistics of Federated Hermes U.S. Strategic Dividend ETF (FDV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Staples
18.50%
Utilities
17.05%
Health Care
14.89%
Financials
11.52%
Information Technology
7.64%
Real Estate
7.33%
Communication Services
5.59%
Energy
5.39%
Industrials
5.29%
Materials
3.57%
Consumer Discretionary
2.96%
Other
0.27%

FAQ's for Federated Hermes U.S. Strategic Dividend ETF (FDV)

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