Is Foundations Dynamic Value ETF halal to invest in?

As of September 2026, Foundations Dynamic Value ETF FDVL 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 Foundations Dynamic Value 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 Foundations Dynamic Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Foundations Dynamic Value ETF updated?

The Shariah compliance status of Foundations Dynamic Value 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 Foundations Dynamic Value 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 Foundations Dynamic Value ETF?

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

Foundations Dynamic Value ETF FDVL

FDVL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Foundations Dynamic Value ETF is classified as not halal.

NOT HALAL

Is Foundations Dynamic Value ETF Halal?

Shariah Compliance Analysis of FDVL ETF

US Equity Total Market

No. As of September 2026, Foundations Dynamic Value ETF (FDVL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Foundations Dynamic Value ETF does not pass Musaffa's business and financial screening criteria.

FDVL was created on 2023-10-02 by Foundations. The fund's investment portfolio concentrates primarily on total market equity. FDVL is an actively managed fund-of-funds that selects value-focused US equity securities based on the level of intraday volatility of the market. It has a bias towards large-caps but may still hold mid- to small-caps.

Foundations Dynamic Value ETF (FDVL) Chart

Key Statistics of Foundations Dynamic Value ETF (FDVL)

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FAQ's for Foundations Dynamic Value ETF (FDVL)

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