Is Fidelity MSCI Industrial Index ETF halal to invest in?

As of September 2026, Fidelity MSCI Industrial Index ETF FIDU 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 MSCI Industrial 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 Industrial Index ETF using these criteria to determine its compliance status.

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

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

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

Fidelity MSCI Industrial Index ETF FIDU

FIDU Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Fidelity MSCI Industrial Index ETF is classified as not halal.

NOT HALAL

Is Fidelity MSCI Industrial Index ETF Halal?

Shariah Compliance Analysis of FIDU ETF

US Equity Industrials

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

FIDU was created on 2013-10-21 by Fidelity. The fund's investment portfolio concentrates primarily on industrials equity. FIDU tracks a market-cap-weighted index of stocks in the broad US industrials sector.

Fidelity MSCI Industrial Index ETF (FIDU) Chart

Key Statistics of Fidelity MSCI Industrial Index ETF (FIDU)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
99.08%
Other
0.92%

FAQ's for Fidelity MSCI Industrial Index ETF (FIDU)

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