Is FPA Short Duration Government ETF halal to invest in?

As of September 2026, FPA Short Duration Government ETF FPAS 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 Short Duration Government 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 Short Duration Government ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for FPA Short Duration Government ETF updated?

The Shariah compliance status of FPA Short Duration Government 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 Short Duration Government 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 Short Duration Government ETF?

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

FPA Short Duration Government ETF FPAS

FPAS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, FPA Short Duration Government ETF is classified as not halal.

NOT HALAL

Is FPA Short Duration Government ETF Halal?

Shariah Compliance Analysis of FPAS ETF

US Fixed Income Investment Grade

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

FPAS was created on 2024-10-31 by FPA. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 3.78m in AUM and 3 holdings. FPAS is an actively managed fund that mainly invests in US Treasurys and mortgage-related securities. It aims for an effective portfolio duration of one to five years.

FPA Short Duration Government ETF (FPAS) Chart

Key Statistics of FPA Short Duration Government ETF (FPAS)

Today's Open

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Avg. Volume

Expense Ratio

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FAQ's for FPA Short Duration Government ETF (FPAS)

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