Is First Trust Growth Strength ETF halal to invest in?

As of September 2026, First Trust Growth Strength ETF FTGS 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 Growth Strength 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 Growth Strength ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of First Trust Growth Strength 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 Growth Strength 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 Growth Strength ETF?

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

First Trust Growth Strength ETF FTGS

FTGS Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is First Trust Growth Strength ETF Halal?

Shariah Compliance Analysis of FTGS ETF

US Equity Large Cap

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

FTGS was created on 2022-10-25 by First Trust. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 1270.47m in AUM and 51 holdings. FTGS tracks an equal-weighted index of 50 well-capitalized, large-cap companies with strong market positions in the US. The fund uses various fundamental metrics to select growth equities.

First Trust Growth Strength ETF (FTGS) Chart

Key Statistics of First Trust Growth Strength ETF (FTGS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
25.66%
Information Technology
22.00%
Industrials
13.99%
Consumer Discretionary
11.97%
Energy
10.13%
Health Care
7.87%
Communication Services
6.32%
Consumer Staples
2.03%

FAQ's for First Trust Growth Strength ETF (FTGS)

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