Is NYLI Winslow Focused Large Cap Growth ETF halal to invest in?

As of September 2026, NYLI Winslow Focused Large Cap Growth ETF IWFG 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 NYLI Winslow Focused Large Cap Growth 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 NYLI Winslow Focused Large Cap Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for NYLI Winslow Focused Large Cap Growth ETF updated?

The Shariah compliance status of NYLI Winslow Focused Large Cap Growth 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 NYLI Winslow Focused Large Cap Growth 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 NYLI Winslow Focused Large Cap Growth ETF?

You can check the latest Shariah compliance status of NYLI Winslow Focused Large Cap Growth ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

NYLI Winslow Focused Large Cap Growth ETF IWFG

IWFG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, NYLI Winslow Focused Large Cap Growth ETF is classified as not halal.

NOT HALAL

Is NYLI Winslow Focused Large Cap Growth ETF Halal?

Shariah Compliance Analysis of IWFG ETF

US Equity Large Cap

No. As of September 2026, NYLI Winslow Focused Large Cap Growth ETF (IWFG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NYLI Winslow Focused Large Cap Growth ETF does not pass Musaffa's business and financial screening criteria.

IWFG was created on 2022-06-23 by New York Life Investments. The fund's investment portfolio concentrates primarily on large cap equity. IWFG is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US large-cap growth companies. It limits the number of its holdings, selecting only the top growth stocks using a bottom-up investment approach. The fund utilizes the Natixis/NYSE non-transparent model.

NYLI Winslow Focused Large Cap Growth ETF (IWFG) Chart

Key Statistics of NYLI Winslow Focused Large Cap Growth ETF (IWFG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
47.09%
Consumer Discretionary
19.22%
Communication Services
10.38%
Industrials
8.07%
Other
6.52%
Financials
5.98%
Health Care
2.74%

FAQ's for NYLI Winslow Focused Large Cap Growth ETF (IWFG)

As of September 2026, NYLI Winslow Focused Large Cap Growth ETF IWFG 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 NYLI Winslow Focused Large Cap Growth ETF using these criteria to determine its compliance status.
The Shariah compliance status of NYLI Winslow Focused Large Cap Growth 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 NYLI Winslow Focused Large Cap Growth ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.