Is First Trust Dorsey Wright Focus 5 ETF halal to invest in?

As of September 2026, First Trust Dorsey Wright Focus 5 ETF FV 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 Dorsey Wright Focus 5 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 Dorsey Wright Focus 5 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Dorsey Wright Focus 5 ETF updated?

The Shariah compliance status of First Trust Dorsey Wright Focus 5 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 Dorsey Wright Focus 5 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 Dorsey Wright Focus 5 ETF?

You can check the latest Shariah compliance status of First Trust Dorsey Wright Focus 5 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

First Trust Dorsey Wright Focus 5 ETF FV

FV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Dorsey Wright Focus 5 ETF is classified as not halal.

NOT HALAL

Is First Trust Dorsey Wright Focus 5 ETF Halal?

Shariah Compliance Analysis of FV ETF

US Equity Total Market

No. As of September 2026, First Trust Dorsey Wright Focus 5 ETF (FV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Dorsey Wright Focus 5 ETF does not pass Musaffa's business and financial screening criteria.

FV was created on 2014-03-06 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 3665.08m in AUM and 6 holdings. FV tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum.

First Trust Dorsey Wright Focus 5 ETF (FV) Chart

Key Statistics of First Trust Dorsey Wright Focus 5 ETF (FV)

Today's Open

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Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for First Trust Dorsey Wright Focus 5 ETF (FV)

As of September 2026, First Trust Dorsey Wright Focus 5 ETF FV 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 Dorsey Wright Focus 5 ETF using these criteria to determine its compliance status.
The Shariah compliance status of First Trust Dorsey Wright Focus 5 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 Dorsey Wright Focus 5 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.