How often is the Shariah compliance for First Trust Intermediate Duration Investment Grade Corporate ETF updated?

The Shariah compliance status of First Trust Intermediate Duration Investment Grade Corporate ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of First Trust Intermediate Duration Investment Grade Corporate ETF?

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

First Trust Intermediate Duration Investment Grade Corporate ETF FIIG

FIIG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Intermediate Duration Investment Grade Corporate ETF is classified as not halal.

NOT HALAL

Is First Trust Intermediate Duration Investment Grade Corporate ETF Halal?

Shariah Compliance Analysis of FIIG ETF

US Fixed Income Investment Grade

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

FIIG was created on 2023-08-03 by First Trust. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 631.89m in AUM and 257 holdings. FIIG is actively managed, investing in a broad portfolio of US investment grade, corporate debt securities. The portfolio aims for a dollar-weighted average maturity between three and ten years.

First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) Chart

Key Statistics of First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG)

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FAQ's for First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG)

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