Is Fidelity Women's Leadership ETF halal to invest in?

As of September 2026, Fidelity Women's Leadership ETF FDWM 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 Fidelity Women's Leadership 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 Fidelity Women's Leadership ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Fidelity Women's Leadership ETF updated?

The Shariah compliance status of Fidelity Women's Leadership 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 Fidelity Women's Leadership 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 Fidelity Women's Leadership ETF?

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

Fidelity Women's Leadership ETF FDWM

FDWM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Fidelity Women's Leadership ETF is classified as not halal.

NOT HALAL

Is Fidelity Women's Leadership ETF Halal?

Shariah Compliance Analysis of FDWM ETF

US Equity Total Market

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

FDWM was created on 2021-06-15 by Fidelity. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 4.57m in AUM and 82 holdings. FDWM is an actively-managed, non-transparent ETF that invests in companies that prioritize and advance womens leadership and development. The fund utilizes the Fidelity non-transparent model.

Fidelity Women's Leadership ETF (FDWM) Chart

Key Statistics of Fidelity Women's Leadership ETF (FDWM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
29.51%
Health Care
12.42%
Financials
12.35%
Consumer Discretionary
11.56%
Industrials
10.97%
Other
6.91%
Materials
3.98%
Consumer Staples
3.48%
Communication Services
3.14%
Energy
2.77%
Real Estate
1.91%
Utilities
1.00%

FAQ's for Fidelity Women's Leadership ETF (FDWM)

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