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First Trust Utilities AlphaDEX Fund FXU

Is First Trust Utilities AlphaDEX Fund ETF Halal?

Shariah Compliance Analysis of FXU ETF

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

FXU was created on 2007-05-08 by First Trust. The fund's investment portfolio concentrates primarily on utilities equity. The ETF currently has 1801.73m in AUM and 41 holdings. FXU tracks a tiered, equal-weighted index of large- and mid-cap utility firms in the US. Holdings are selected and weighted based on growth and value metrics.

FXU Shariah Compliance

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

NOT HALAL

First Trust Utilities AlphaDEX Fund (FXU) Chart

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