Is Franklin FTSE United Kingdom ETF halal to invest in?

As of September 2026, Franklin FTSE United Kingdom ETF FLGB 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 United Kingdom 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 United Kingdom ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of Franklin FTSE United Kingdom 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 United Kingdom 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 United Kingdom ETF?

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

Franklin FTSE United Kingdom ETF FLGB

FLGB Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Franklin FTSE United Kingdom ETF Halal?

Shariah Compliance Analysis of FLGB ETF

US Equity Total Market

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

FLGB was created on 2017-11-02 by Franklin. The fund's investment portfolio concentrates primarily on total market equity. FLGB tracks a market cap-weighted index of large- and mid-cap companies from the United Kingdom.

Franklin FTSE United Kingdom ETF (FLGB) Chart

Key Statistics of Franklin FTSE United Kingdom ETF (FLGB)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
17.81%
Consumer Staples
16.85%
Industrials
13.64%
Health Care
11.81%
Energy
10.82%
Materials
10.80%
Consumer Discretionary
7.21%
Utilities
4.16%
Communication Services
2.72%
Other
2.13%
Real Estate
1.13%
Information Technology
0.92%

FAQ's for Franklin FTSE United Kingdom ETF (FLGB)

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