Is KFA Large Cap Quality Dividend Index ETF halal to invest in?

As of September 2026, KFA Large Cap Quality Dividend Index ETF KLCD 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 KFA Large Cap Quality Dividend Index 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 KFA Large Cap Quality Dividend Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for KFA Large Cap Quality Dividend Index ETF updated?

The Shariah compliance status of KFA Large Cap Quality Dividend Index 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 KFA Large Cap Quality Dividend Index 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 KFA Large Cap Quality Dividend Index ETF?

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

KFA Large Cap Quality Dividend Index ETF KLCD

KLCD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, KFA Large Cap Quality Dividend Index ETF is classified as not halal.

NOT HALAL

Is KFA Large Cap Quality Dividend Index ETF Halal?

Shariah Compliance Analysis of KLCD ETF

US Equity Large Cap

No. As of September 2026, KFA Large Cap Quality Dividend Index ETF (KLCD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. KFA Large Cap Quality Dividend Index ETF does not pass Musaffa's business and financial screening criteria.

KLCD was created on 2019-06-12 by KraneShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 5.86m in AUM and 125 holdings. KLCD tracks a dividend-selected, equally-weighted index of large-cap US equities.

KFA Large Cap Quality Dividend Index ETF (KLCD) Chart

Key Statistics of KFA Large Cap Quality Dividend Index ETF (KLCD)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
19.79%
Financials
18.57%
Consumer Staples
10.09%
Information Technology
10.09%
Health Care
8.44%
Materials
8.09%
Utilities
7.98%
Real Estate
7.61%
Consumer Discretionary
4.76%
Communication Services
4.38%
Other
0.20%

FAQ's for KFA Large Cap Quality Dividend Index ETF (KLCD)

As of September 2026, KFA Large Cap Quality Dividend Index ETF KLCD 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 KFA Large Cap Quality Dividend Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of KFA Large Cap Quality Dividend Index 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 KFA Large Cap Quality Dividend Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.