Is First Trust Eurozone AlphaDEX ETF halal to invest in?

As of September 2026, First Trust Eurozone AlphaDEX ETF FEUZ 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 First Trust Eurozone AlphaDEX 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 First Trust Eurozone AlphaDEX ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Eurozone AlphaDEX ETF updated?

The Shariah compliance status of First Trust Eurozone AlphaDEX 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 First Trust Eurozone AlphaDEX 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 First Trust Eurozone AlphaDEX ETF?

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

First Trust Eurozone AlphaDEX ETF FEUZ

FEUZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Eurozone AlphaDEX ETF is classified as not halal.

NOT HALAL

Is First Trust Eurozone AlphaDEX ETF Halal?

Shariah Compliance Analysis of FEUZ ETF

US Equity Total Market

No. As of September 2026, First Trust Eurozone AlphaDEX ETF (FEUZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Eurozone AlphaDEX ETF does not pass Musaffa's business and financial screening criteria.

FEUZ was created on 2014-10-22 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 91.78m in AUM and 150 holdings. FEUZ tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers.

First Trust Eurozone AlphaDEX ETF (FEUZ) Chart

Key Statistics of First Trust Eurozone AlphaDEX ETF (FEUZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
33.53%
Industrials
21.67%
Consumer Discretionary
11.10%
Energy
8.54%
Communication Services
5.88%
Utilities
5.00%
Materials
4.30%
Information Technology
3.23%
Consumer Staples
2.96%
Health Care
1.86%
Other
1.70%
Real Estate
0.23%

FAQ's for First Trust Eurozone AlphaDEX ETF (FEUZ)

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