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Fidelity Disruptive Medicine ETF FMED
FMED Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Fidelity Disruptive Medicine ETF is classified as not halal.
NOT HALAL
Is Fidelity Disruptive Medicine ETF Halal?
Shariah Compliance Analysis of FMED ETF
No. As of September 2026, Fidelity Disruptive Medicine ETF (FMED) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Fidelity Disruptive Medicine ETF does not pass Musaffa's business and financial screening criteria.
FMED was created on 2023-06-12 by Fidelity. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 64.08m in AUM and 73 holdings. FMED is an actively managed fund that invests in companies involved in disruptive innovation in Health Care. The fund invests in securities of domestic and foreign issuers.
Fidelity Disruptive Medicine ETF (FMED) Chart
Key Statistics of Fidelity Disruptive Medicine ETF (FMED)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Health Care93.23%
- Other6.77%
FAQ's for Fidelity Disruptive Medicine ETF (FMED)
- As of September 2026, Fidelity Disruptive Medicine ETF FMED 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 Fidelity Disruptive Medicine ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Fidelity Disruptive Medicine 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 Fidelity Disruptive Medicine ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
