Is QRAFT AI-Enhanced U.S. High Dividend ETF halal to invest in?

As of September 2026, QRAFT AI-Enhanced U.S. High Dividend ETF HDIV 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 QRAFT AI-Enhanced U.S. High Dividend 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 QRAFT AI-Enhanced U.S. High Dividend ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for QRAFT AI-Enhanced U.S. High Dividend ETF updated?

The Shariah compliance status of QRAFT AI-Enhanced U.S. High Dividend 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 QRAFT AI-Enhanced U.S. High Dividend 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 QRAFT AI-Enhanced U.S. High Dividend ETF?

You can check the latest Shariah compliance status of QRAFT AI-Enhanced U.S. High Dividend ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

QRAFT AI-Enhanced U.S. High Dividend ETF HDIV

HDIV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, QRAFT AI-Enhanced U.S. High Dividend ETF is classified as not halal.

NOT HALAL

Is QRAFT AI-Enhanced U.S. High Dividend ETF Halal?

Shariah Compliance Analysis of HDIV ETF

US Equity High Dividend Yield

No. As of September 2026, QRAFT AI-Enhanced U.S. High Dividend ETF (HDIV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. QRAFT AI-Enhanced U.S. High Dividend ETF does not pass Musaffa's business and financial screening criteria.

HDIV was created on 2020-02-27 by QRAFT. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 2.36m in AUM and 101 holdings. HDIV is an actively-managed portfolio of high-dividend paying US companies chosen with the aid of artificial intelligence.

QRAFT AI-Enhanced U.S. High Dividend ETF (HDIV) Chart

Key Statistics of QRAFT AI-Enhanced U.S. High Dividend ETF (HDIV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
25.70%
Consumer Staples
23.94%
Health Care
10.96%
Information Technology
10.04%
Industrials
9.58%
Financials
8.50%
Energy
6.64%
Materials
3.64%
Utilities
0.68%
Other
0.14%
Real Estate
0.13%
Communication Services
0.05%

FAQ's for QRAFT AI-Enhanced U.S. High Dividend ETF (HDIV)

As of September 2026, QRAFT AI-Enhanced U.S. High Dividend ETF HDIV 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 QRAFT AI-Enhanced U.S. High Dividend ETF using these criteria to determine its compliance status.
The Shariah compliance status of QRAFT AI-Enhanced U.S. High Dividend 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 QRAFT AI-Enhanced U.S. High Dividend ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.