Is Franklin FTSE Switzerland ETF halal to invest in?

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

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

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

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

Franklin FTSE Switzerland ETF FLSW

FLSW Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Franklin FTSE Switzerland ETF Halal?

Shariah Compliance Analysis of FLSW ETF

US Equity Total Market

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

FLSW was created on 2018-02-06 by Franklin. The fund's investment portfolio concentrates primarily on total market equity. FLSW tracks a market-cap-weighted index of Swiss equities, excluding small-caps.

Franklin FTSE Switzerland ETF (FLSW) Chart

Key Statistics of Franklin FTSE Switzerland ETF (FLSW)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
33.40%
Consumer Staples
14.87%
Other
13.07%
Financials
11.93%
Industrials
9.63%
Materials
9.11%
Consumer Discretionary
4.84%
Information Technology
1.06%
Communication Services
1.00%
Real Estate
0.90%
Utilities
0.19%

FAQ's for Franklin FTSE Switzerland ETF (FLSW)

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