Is Franklin FTSE Latin America ETF halal to invest in?

As of September 2026, Franklin FTSE Latin America ETF FLLA 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 Latin America 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 Latin America ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of Franklin FTSE Latin America 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 Latin America 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 Latin America ETF?

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

Franklin FTSE Latin America ETF FLLA

FLLA Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Franklin FTSE Latin America ETF Halal?

Shariah Compliance Analysis of FLLA ETF

US Equity Total Market

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

FLLA was created on 2018-10-09 by Franklin. The fund's investment portfolio concentrates primarily on total market equity. FLLA tracks a market cap-weighted index of large- and mid-cap Latin American equities.

Franklin FTSE Latin America ETF (FLLA) Chart

Key Statistics of Franklin FTSE Latin America ETF (FLLA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
21.74%
Other
16.02%
Materials
15.22%
Consumer Staples
15.20%
Industrials
9.55%
Energy
8.72%
Utilities
5.66%
Consumer Discretionary
2.37%
Real Estate
1.90%
Communication Services
1.62%
Health Care
1.58%
Information Technology
0.42%

FAQ's for Franklin FTSE Latin America ETF (FLLA)

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