Is First Trust BuyWrite Income ETF halal to invest in?

As of September 2026, First Trust BuyWrite Income ETF FTHI 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 BuyWrite Income 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 BuyWrite Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust BuyWrite Income ETF updated?

The Shariah compliance status of First Trust BuyWrite Income 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 BuyWrite Income 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 BuyWrite Income ETF?

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

First Trust BuyWrite Income ETF FTHI

FTHI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust BuyWrite Income ETF is classified as not halal.

NOT HALAL

Is First Trust BuyWrite Income ETF Halal?

Shariah Compliance Analysis of FTHI ETF

US Equity Total Market

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

FTHI was created on 2014-01-06 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1855.34m in AUM and 180 holdings. FTHI is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500.

First Trust BuyWrite Income ETF (FTHI) Chart

Key Statistics of First Trust BuyWrite Income ETF (FTHI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
24.12%
Other
11.60%
Health Care
10.03%
Consumer Discretionary
9.97%
Financials
9.22%
Consumer Staples
8.90%
Communication Services
7.09%
Energy
6.35%
Industrials
5.17%
Real Estate
3.27%
Materials
2.70%
Utilities
1.58%

FAQ's for First Trust BuyWrite Income ETF (FTHI)

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