Is CornerCap Fundametrics Large-Cap ETF halal to invest in?

As of September 2026, CornerCap Fundametrics Large-Cap ETF FUNL 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 CornerCap Fundametrics Large-Cap 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 CornerCap Fundametrics Large-Cap ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CornerCap Fundametrics Large-Cap ETF updated?

The Shariah compliance status of CornerCap Fundametrics Large-Cap 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 CornerCap Fundametrics Large-Cap 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 CornerCap Fundametrics Large-Cap ETF?

You can check the latest Shariah compliance status of CornerCap Fundametrics Large-Cap ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

CornerCap Fundametrics Large-Cap ETF FUNL

FUNL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CornerCap Fundametrics Large-Cap ETF is classified as not halal.

NOT HALAL

Is CornerCap Fundametrics Large-Cap ETF Halal?

Shariah Compliance Analysis of FUNL ETF

US Equity Large Cap

No. As of September 2026, CornerCap Fundametrics Large-Cap ETF (FUNL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CornerCap Fundametrics Large-Cap ETF does not pass Musaffa's business and financial screening criteria.

FUNL was created on 2020-08-19 by CornerCap. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 205.24m in AUM and 153 holdings. FUNL actively selects US large-cap stocks that are grouped and evaluated based on over 120 fundamental factors.

CornerCap Fundametrics Large-Cap ETF (FUNL) Chart

Key Statistics of CornerCap Fundametrics Large-Cap ETF (FUNL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
17.15%
Information Technology
14.67%
Industrials
13.43%
Health Care
12.55%
Consumer Staples
7.09%
Communication Services
6.97%
Energy
6.35%
Consumer Discretionary
5.94%
Other
4.85%
Real Estate
4.27%
Materials
3.61%
Utilities
3.12%

FAQ's for CornerCap Fundametrics Large-Cap ETF (FUNL)

As of September 2026, CornerCap Fundametrics Large-Cap ETF FUNL 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 CornerCap Fundametrics Large-Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of CornerCap Fundametrics Large-Cap 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 CornerCap Fundametrics Large-Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.