Is FPA Global Equity ETF halal to invest in?

As of September 2026, FPA Global Equity ETF FPAG 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 FPA Global 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 FPA Global Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for FPA Global Equity ETF updated?

The Shariah compliance status of FPA Global 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 FPA Global 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 FPA Global Equity ETF?

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

FPA Global Equity ETF FPAG

FPAG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, FPA Global Equity ETF is classified as not halal.

NOT HALAL

Is FPA Global Equity ETF Halal?

Shariah Compliance Analysis of FPAG ETF

US Equity Total Market

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

FPAG was created on 2021-12-17 by FPA. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 297.93m in AUM and 58 holdings. FPAG actively selects global large- and mid-cap stocks offered at a substantial discount relative to their intrinsic value and have a favorable outlook for growth

FPA Global Equity ETF (FPAG) Chart

Key Statistics of FPA Global Equity ETF (FPAG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
21.08%
Information Technology
14.18%
Materials
12.31%
Industrials
11.96%
Financials
11.80%
Consumer Discretionary
10.85%
Other
7.85%
Consumer Staples
4.88%
Energy
1.72%
Utilities
1.71%
Health Care
1.26%
Real Estate
0.40%

FAQ's for FPA Global Equity ETF (FPAG)

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