Is Schwab Fundamental International Equity ETF halal to invest in?

As of September 2026, Schwab Fundamental International Equity ETF FNDF 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 Schwab Fundamental International Equity 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 Schwab Fundamental International Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Schwab Fundamental International Equity ETF updated?

The Shariah compliance status of Schwab Fundamental International Equity 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 Schwab Fundamental International Equity 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 Schwab Fundamental International Equity ETF?

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

Schwab Fundamental International Equity ETF FNDF

FNDF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Schwab Fundamental International Equity ETF is classified as not halal.

NOT HALAL

Is Schwab Fundamental International Equity ETF Halal?

Shariah Compliance Analysis of FNDF ETF

US Equity Large Cap

No. As of September 2026, Schwab Fundamental International Equity ETF (FNDF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Schwab Fundamental International Equity ETF does not pass Musaffa's business and financial screening criteria.

FNDF was created on 2013-08-15 by Schwab. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 19484.13m in AUM and 876 holdings. FNDF tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors.

Schwab Fundamental International Equity ETF (FNDF) Chart

Key Statistics of Schwab Fundamental International Equity ETF (FNDF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
18.69%
Industrials
15.07%
Consumer Discretionary
10.95%
Materials
10.48%
Energy
8.74%
Consumer Staples
8.30%
Information Technology
6.29%
Health Care
6.24%
Communication Services
5.58%
Utilities
4.35%
Other
4.01%
Real Estate
1.30%

FAQ's for Schwab Fundamental International Equity ETF (FNDF)

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