Is Fidelity MSCI Energy Index ETF halal to invest in?

According to Musaffa's Shariah screening methodology, Fidelity MSCI Energy Index ETF (FENY) is currently classified as HALAL as of June 2025. The classification is based on an evaluation of the ETF's underlying holdings and financial exposure to determine whether it meets Islamic investment guidelines.

Is Fidelity MSCI Energy Index 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 MSCI Energy Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Fidelity MSCI Energy Index ETF updated?

The Shariah compliance status of Fidelity MSCI Energy Index 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 MSCI Energy Index 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 MSCI Energy Index ETF?

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

Fidelity MSCI Energy Index ETF FENY

$34.79 $0.55 (1.62%) 1D

Last Updated: Mar 27, 12:00 AM·NYSE

FENY Shariah Compliance

Screening Methodology: AAOIFI

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Fidelity MSCI Energy Index ETF. Analysis FENY

US Equity Energy

FENY was created on 2013-10-21 by Fidelity. The fund's investment portfolio concentrates primarily on energy equity. FENY tracks a market-cap-weighted index of US energy companies. The index includes those companies deemed investable by MSCI and covers 98% of the market.

Key Statistics of Fidelity MSCI Energy Index ETF (FENY)

Today's Range

$34.10$34.89

Today's Open

$34.24

AUM

$1.33B

Avg. Volume

631.50K

52 Week Range

$20.31$34.89

Expense Ratio

P/E Ratio

13.11

P/B Ratio

1.90

FAQ's for Fidelity MSCI Energy Index ETF (FENY)

According to Musaffa’s Shariah screening methodology, Fidelity MSCI Energy Index ETF (FENY) is currently classified as HALAL as of June 2025. The classification is based on an evaluation of the ETF’s underlying holdings and financial exposure to determine whether it meets Islamic investment guidelines.

Sector Exposure

Energy
99.72%
Other
0.28%

Name	Weight	Compliance	Rating
Exxon Mobil Corp XOM	21.94%	Halal	Unlock
Chevron Corp CVX	13.01%	Halal	Unlock
ConocoPhillips COP	6.16%	Not Halal	-

Fidelity MSCI Energy Index ETF FENY

FENY Shariah Compliance

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Fidelity MSCI Energy Index ETF. Analysis FENY

Fidelity MSCI Energy Index ETF (FENY) Chart

Key Statistics of Fidelity MSCI Energy Index ETF (FENY)

FAQ's for Fidelity MSCI Energy Index ETF (FENY)

Is Fidelity MSCI Energy Index ETF halal to invest in?

Is Fidelity MSCI Energy Index ETF a Shariah-compliant ETF?

How often is the Shariah compliance for Fidelity MSCI Energy Index ETF updated?

Can a halal ETF like Fidelity MSCI Energy Index ETF become non-compliant?

Where can I check the Shariah status of Fidelity MSCI Energy Index ETF?

Sector Exposure

Energy

Other

Holdings (105)

Exxon Mobil Corp

Chevron Corp

ConocoPhillips

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