Is Franklin FTSE Australia ETF halal to invest in?

As of September 2026, Franklin FTSE Australia ETF FLAU 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 Franklin FTSE Australia 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 Franklin FTSE Australia ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Franklin FTSE Australia ETF updated?

The Shariah compliance status of Franklin FTSE Australia 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 Franklin FTSE Australia 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 Franklin FTSE Australia ETF?

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

Franklin FTSE Australia ETF FLAU

FLAU Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Franklin FTSE Australia ETF is classified as not halal.

NOT HALAL

Is Franklin FTSE Australia ETF Halal?

Shariah Compliance Analysis of FLAU ETF

US Equity Total Market

No. As of September 2026, Franklin FTSE Australia ETF (FLAU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Franklin FTSE Australia ETF does not pass Musaffa's business and financial screening criteria.

FLAU was created on 2017-11-02 by Franklin. The fund's investment portfolio concentrates primarily on total market equity. FLAU tracks a market cap-weighted index of large- and mid-cap Australian stocks.

Franklin FTSE Australia ETF (FLAU) Chart

Key Statistics of Franklin FTSE Australia ETF (FLAU)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
31.90%
Materials
22.78%
Health Care
9.64%
Consumer Discretionary
6.29%
Industrials
6.10%
Real Estate
6.04%
Other
5.10%
Consumer Staples
4.11%
Communication Services
2.39%
Energy
2.22%
Information Technology
1.94%
Utilities
1.49%

FAQ's for Franklin FTSE Australia ETF (FLAU)

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