Is First Trust Health Care AlphaDEX Fund halal to invest in?

As of September 2026, First Trust Health Care AlphaDEX Fund FXH 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 Health Care AlphaDEX Fund 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 Health Care AlphaDEX Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Health Care AlphaDEX Fund updated?

The Shariah compliance status of First Trust Health Care AlphaDEX Fund 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 Health Care AlphaDEX Fund 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 Health Care AlphaDEX Fund?

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

First Trust Health Care AlphaDEX Fund FXH

FXH Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Health Care AlphaDEX Fund is classified as not halal.

NOT HALAL

Is First Trust Health Care AlphaDEX Fund ETF Halal?

Shariah Compliance Analysis of FXH ETF

US Equity Health Care

No. As of September 2026, First Trust Health Care AlphaDEX Fund (FXH) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Health Care AlphaDEX Fund does not pass Musaffa's business and financial screening criteria.

FXH was created on 2007-05-08 by First Trust. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 950.57m in AUM and 77 holdings. FXH tracks a tiered, equal-weighted index of large- and mid-cap US health care companies. Holdings are selected and weighted based on various growth and value criteria.

First Trust Health Care AlphaDEX Fund (FXH) Chart

Key Statistics of First Trust Health Care AlphaDEX Fund (FXH)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
99.91%
Other
0.09%

FAQ's for First Trust Health Care AlphaDEX Fund (FXH)

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