Is First Trust High Income Strategic Focus ETF halal to invest in?

As of September 2026, First Trust High Income Strategic Focus ETF HISF 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 High Income Strategic Focus 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 First Trust High Income Strategic Focus ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust High Income Strategic Focus ETF updated?

The Shariah compliance status of First Trust High Income Strategic Focus 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 First Trust High Income Strategic Focus 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 First Trust High Income Strategic Focus ETF?

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

First Trust High Income Strategic Focus ETF HISF

HISF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust High Income Strategic Focus ETF is classified as not halal.

NOT HALAL

Is First Trust High Income Strategic Focus ETF Halal?

Shariah Compliance Analysis of HISF ETF

US Fixed Income Broad Credit

No. As of September 2026, First Trust High Income Strategic Focus ETF (HISF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust High Income Strategic Focus ETF does not pass Musaffa's business and financial screening criteria.

HISF was created on 2014-08-13 by First Trust. The fund's investment portfolio concentrates primarily on broad credit fixed income. HISF uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers.

First Trust High Income Strategic Focus ETF (HISF) Chart

Key Statistics of First Trust High Income Strategic Focus ETF (HISF)

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FAQ's for First Trust High Income Strategic Focus ETF (HISF)

As of September 2026, First Trust High Income Strategic Focus ETF HISF 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 High Income Strategic Focus ETF using these criteria to determine its compliance status.
The Shariah compliance status of First Trust High Income Strategic Focus 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 First Trust High Income Strategic Focus ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.