Is First Trust US Equity Opportunities ETF halal to invest in?

As of September 2026, First Trust US Equity Opportunities ETF FPX 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 US Equity Opportunities 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 US Equity Opportunities ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust US Equity Opportunities ETF updated?

The Shariah compliance status of First Trust US Equity Opportunities 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 US Equity Opportunities 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 US Equity Opportunities ETF?

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

First Trust US Equity Opportunities ETF FPX

FPX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust US Equity Opportunities ETF is classified as not halal.

NOT HALAL

Is First Trust US Equity Opportunities ETF Halal?

Shariah Compliance Analysis of FPX ETF

US Equity Total Market

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

FPX was created on 2006-04-12 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1237.08m in AUM and 102 holdings. FPX tracks a market-cap-weighted index of the 100 largest US IPOs over the first 1,000 trading days for each stock.

First Trust US Equity Opportunities ETF (FPX) Chart

Key Statistics of First Trust US Equity Opportunities ETF (FPX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
22.88%
Information Technology
21.46%
Health Care
16.44%
Consumer Discretionary
13.99%
Financials
11.05%
Utilities
3.91%
Energy
2.92%
Communication Services
2.43%
Other
2.25%
Consumer Staples
2.20%
Materials
0.47%

FAQ's for First Trust US Equity Opportunities ETF (FPX)

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