Is Jacob Forward ETF halal to invest in?

As of September 2026, Jacob Forward ETF JFWD 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 Jacob Forward 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 Jacob Forward ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Jacob Forward ETF updated?

The Shariah compliance status of Jacob Forward 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 Jacob Forward 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 Jacob Forward ETF?

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

Jacob Forward ETF JFWD

JFWD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Jacob Forward ETF is classified as not halal.

NOT HALAL

Is Jacob Forward ETF Halal?

Shariah Compliance Analysis of JFWD ETF

US Equity Information Technology

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

JFWD was created on 2021-07-13 by Jacob. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 2.39m in AUM and 37 holdings. JFWD is actively managed to invest in equity securities of US companies engaged in innovative and disruptive technologies, including those in their early stages of development.

Jacob Forward ETF (JFWD) Chart

Key Statistics of Jacob Forward ETF (JFWD)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
48.81%
Information Technology
24.79%
Consumer Discretionary
9.73%
Financials
7.59%
Other
5.11%
Communication Services
3.97%

FAQ's for Jacob Forward ETF (JFWD)

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