Musaffa Logo
Freedom 100 Emerging Markets ETF FRDM

Is Freedom 100 Emerging Markets ETF Halal?

Shariah Compliance Analysis of FRDM ETF

No. As of October 2026, Freedom 100 Emerging Markets ETF (FRDM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FRDM was created on 2019-05-23 by Freedom. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1807.54m in AUM and 119 holdings. FRDM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics.

FRDM Shariah Compliance

As of October 2026, Freedom 100 Emerging Markets ETF is classified as not halal.

NOT HALAL

Freedom 100 Emerging Markets ETF (FRDM) Chart

Fetching Price Chart...