Is VictoryShares Hedged Equity Income ETF halal to invest in?

As of September 2026, VictoryShares Hedged Equity Income ETF HEJD 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 VictoryShares Hedged Equity Income 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 VictoryShares Hedged Equity Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for VictoryShares Hedged Equity Income ETF updated?

The Shariah compliance status of VictoryShares Hedged Equity Income 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 VictoryShares Hedged Equity Income 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 VictoryShares Hedged Equity Income ETF?

You can check the latest Shariah compliance status of VictoryShares Hedged Equity Income ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

VictoryShares Hedged Equity Income ETF HEJD

HEJD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, VictoryShares Hedged Equity Income ETF is classified as not halal.

NOT HALAL

Is VictoryShares Hedged Equity Income ETF Halal?

Shariah Compliance Analysis of HEJD ETF

US Equity Total Market

No. As of September 2026, VictoryShares Hedged Equity Income ETF (HEJD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VictoryShares Hedged Equity Income ETF does not pass Musaffa's business and financial screening criteria.

HEJD was created on 2024-07-11 by VictoryShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 36.41m in AUM and 190 holdings. HEJD is an actively managed fund that focuses on taking long positions in dividend-paying US stocks and short positions in equity index futures contracts. The fund aims primarily for capital appreciation and, to a lesser extent, current income.

VictoryShares Hedged Equity Income ETF (HEJD) Chart

Key Statistics of VictoryShares Hedged Equity Income ETF (HEJD)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for VictoryShares Hedged Equity Income ETF (HEJD)

As of September 2026, VictoryShares Hedged Equity Income ETF HEJD 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 VictoryShares Hedged Equity Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of VictoryShares Hedged Equity Income 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 VictoryShares Hedged Equity Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.