Musaffa Logo
First Trust Financials AlphaDEX Fund FXO

Is First Trust Financials AlphaDEX Fund ETF Halal?

Shariah Compliance Analysis of FXO ETF

No. As of October 2026, First Trust Financials AlphaDEX Fund (FXO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FXO was created on 2007-05-08 by First Trust. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 2191.8m in AUM and 107 holdings. FXO tracks an index of large- and mid-cap US financials stocks. The underlying index uses multi-factor selection and tiered equal-weighting.

FXO Shariah Compliance

As of October 2026, First Trust Financials AlphaDEX Fund is classified as not halal.

NOT HALAL

First Trust Financials AlphaDEX Fund (FXO) Chart

Fetching Price Chart...