Is Vanguard S&P Mid-Cap 400 Value ETF halal to invest in?

As of September 2026, Vanguard S&P Mid-Cap 400 Value ETF IVOV 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 Vanguard S&P Mid-Cap 400 Value 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 Vanguard S&P Mid-Cap 400 Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Vanguard S&P Mid-Cap 400 Value ETF updated?

The Shariah compliance status of Vanguard S&P Mid-Cap 400 Value 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 Vanguard S&P Mid-Cap 400 Value 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 Vanguard S&P Mid-Cap 400 Value ETF?

You can check the latest Shariah compliance status of Vanguard S&P Mid-Cap 400 Value ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Vanguard S&P Mid-Cap 400 Value ETF IVOV

IVOV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Vanguard S&P Mid-Cap 400 Value ETF is classified as not halal.

NOT HALAL

Is Vanguard S&P Mid-Cap 400 Value ETF Halal?

Shariah Compliance Analysis of IVOV ETF

US Equity Mid Cap

No. As of September 2026, Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vanguard S&P Mid-Cap 400 Value ETF does not pass Musaffa's business and financial screening criteria.

IVOV was created on 2010-09-07 by Vanguard. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 1133.17m in AUM and 297 holdings. IVOV tracks an index of value-style securities from the Committee-selected S&P mid-cap 400.

Vanguard S&P Mid-Cap 400 Value ETF (IVOV) Chart

Key Statistics of Vanguard S&P Mid-Cap 400 Value ETF (IVOV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
23.77%
Industrials
14.12%
Consumer Discretionary
11.14%
Real Estate
9.65%
Health Care
8.76%
Materials
7.64%
Information Technology
7.53%
Consumer Staples
5.33%
Utilities
4.91%
Energy
4.50%
Communication Services
1.94%
Other
0.71%

FAQ's for Vanguard S&P Mid-Cap 400 Value ETF (IVOV)

As of September 2026, Vanguard S&P Mid-Cap 400 Value ETF IVOV 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 Vanguard S&P Mid-Cap 400 Value ETF using these criteria to determine its compliance status.
The Shariah compliance status of Vanguard S&P Mid-Cap 400 Value 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 Vanguard S&P Mid-Cap 400 Value ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.