Is First Trust Nasdaq Semiconductor ETF halal to invest in?

As of August 2026, First Trust Nasdaq Semiconductor ETF FTXL is classified as 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 Nasdaq Semiconductor 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 Nasdaq Semiconductor ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Nasdaq Semiconductor ETF updated?

The Shariah compliance status of First Trust Nasdaq Semiconductor 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 Nasdaq Semiconductor 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 Nasdaq Semiconductor ETF?

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

First Trust Nasdaq Semiconductor ETF FTXL

FTXL Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, First Trust Nasdaq Semiconductor ETF is classified as halal.

HALAL

First Trust Nasdaq Semiconductor ETF. Analysis FTXL

US Equity Information Technology

FTXL was created on 2016-09-20 by First Trust. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 1513.35m in AUM and 35 holdings. FTXL tracks an index of the most liquid US semiconductor companies, weighted according to factors related to value, volatility and growth.

First Trust Nasdaq Semiconductor ETF (FTXL) Chart

Key Statistics of First Trust Nasdaq Semiconductor ETF (FTXL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
99.97%

FAQ's for First Trust Nasdaq Semiconductor ETF (FTXL)

As of August 2026, First Trust Nasdaq Semiconductor ETF FTXL is classified as 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 Nasdaq Semiconductor ETF using these criteria to determine its compliance status.
The Shariah compliance status of First Trust Nasdaq Semiconductor 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 Nasdaq Semiconductor ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.