Is REX FANG & Innovation Equity Premium Income ETF halal to invest in?

As of September 2026, REX FANG & Innovation Equity Premium Income ETF FEPI 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 REX FANG & Innovation Equity Premium Income 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 REX FANG & Innovation Equity Premium Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for REX FANG & Innovation Equity Premium Income ETF updated?

The Shariah compliance status of REX FANG & Innovation Equity Premium Income 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 REX FANG & Innovation Equity Premium Income 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 REX FANG & Innovation Equity Premium Income ETF?

You can check the latest Shariah compliance status of REX FANG & Innovation Equity Premium Income ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

REX FANG & Innovation Equity Premium Income ETF FEPI

FEPI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, REX FANG & Innovation Equity Premium Income ETF is classified as not halal.

NOT HALAL

Is REX FANG & Innovation Equity Premium Income ETF Halal?

Shariah Compliance Analysis of FEPI ETF

US Equity Theme

No. As of September 2026, REX FANG & Innovation Equity Premium Income ETF (FEPI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. REX FANG & Innovation Equity Premium Income ETF does not pass Musaffa's business and financial screening criteria.

FEPI was created on 2023-10-11 by REX Shares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 613.39m in AUM and 16 holdings. FEPI is actively managed, seeking to provide similar returns as the Solactive FANG Innovation Index and monthly income. The fund invests in the securities comprising the index while writing call options on them.

REX FANG & Innovation Equity Premium Income ETF (FEPI) Chart

Key Statistics of REX FANG & Innovation Equity Premium Income ETF (FEPI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
63.87%
Communication Services
19.17%
Consumer Discretionary
12.35%
Other
4.61%

FAQ's for REX FANG & Innovation Equity Premium Income ETF (FEPI)

As of September 2026, REX FANG & Innovation Equity Premium Income ETF FEPI 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 REX FANG & Innovation Equity Premium Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of REX FANG & Innovation Equity Premium Income 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 REX FANG & Innovation Equity Premium Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.