Is Virtus KAR Mid-Cap ETF halal to invest in?

As of September 2026, Virtus KAR Mid-Cap ETF KMID 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 Virtus KAR Mid-Cap 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 Virtus KAR Mid-Cap ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Virtus KAR Mid-Cap ETF updated?

The Shariah compliance status of Virtus KAR Mid-Cap 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 Virtus KAR Mid-Cap 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 Virtus KAR Mid-Cap ETF?

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

Virtus KAR Mid-Cap ETF KMID

KMID Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Virtus KAR Mid-Cap ETF is classified as not halal.

NOT HALAL

Is Virtus KAR Mid-Cap ETF Halal?

Shariah Compliance Analysis of KMID ETF

US Equity Mid Cap

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

KMID was created on 2024-10-15 by Virtus. The fund's investment portfolio concentrates primarily on mid cap equity. KMID is actively managed, investing in mid-cap companies with sustainable advantages, strong management, and low financial risk, primarily focusing on US stocks. The fund aims for long-term growth of capital.

Virtus KAR Mid-Cap ETF (KMID) Chart

Key Statistics of Virtus KAR Mid-Cap ETF (KMID)

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FAQ's for Virtus KAR Mid-Cap ETF (KMID)

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