Is First Trust Chindia ETF halal to invest in?

As of September 2026, First Trust Chindia ETF FNI 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 First Trust Chindia 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 First Trust Chindia ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Chindia ETF updated?

The Shariah compliance status of First Trust Chindia 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 First Trust Chindia 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 First Trust Chindia ETF?

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

First Trust Chindia ETF FNI

FNI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Chindia ETF is classified as not halal.

NOT HALAL

Is First Trust Chindia ETF Halal?

Shariah Compliance Analysis of FNI ETF

US Equity Total Market

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

FNI was created on 2007-05-08 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 81.51m in AUM and 51 holdings. FNI tracks a tier-weighted index of US-listed securities from China and India.

First Trust Chindia ETF (FNI) Chart

Key Statistics of First Trust Chindia ETF (FNI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
42.29%
Consumer Discretionary
28.42%
Communication Services
14.54%
Information Technology
7.89%
Utilities
3.22%
Financials
2.24%
Industrials
0.70%
Consumer Staples
0.70%

FAQ's for First Trust Chindia ETF (FNI)

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