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Fidelity Enhanced Small Cap ETF FESM

Is Fidelity Enhanced Small Cap ETF Halal?

Shariah Compliance Analysis of FESM ETF

No. As of October 2026, Fidelity Enhanced Small Cap ETF (FESM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FESM was created on 2023-11-20 by Fidelity. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 3400.51m in AUM and 601 holdings. FESM is an actively managed fund that invests in US, small-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel 2000 Index.

FESM Shariah Compliance

As of October 2026, Fidelity Enhanced Small Cap ETF is classified as not halal.

NOT HALAL

Fidelity Enhanced Small Cap ETF (FESM) Chart

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