Is Roundhill S&P Dividend Monarchs ETF halal to invest in?

As of September 2026, Roundhill S&P Dividend Monarchs ETF KNGS 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 Roundhill S&P Dividend Monarchs 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 Roundhill S&P Dividend Monarchs ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Roundhill S&P Dividend Monarchs ETF updated?

The Shariah compliance status of Roundhill S&P Dividend Monarchs 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 Roundhill S&P Dividend Monarchs 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 Roundhill S&P Dividend Monarchs ETF?

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

Roundhill S&P Dividend Monarchs ETF KNGS

KNGS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Roundhill S&P Dividend Monarchs ETF is classified as not halal.

NOT HALAL

Is Roundhill S&P Dividend Monarchs ETF Halal?

Shariah Compliance Analysis of KNGS ETF

US Equity High Dividend Yield

No. As of September 2026, Roundhill S&P Dividend Monarchs ETF (KNGS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Roundhill S&P Dividend Monarchs ETF does not pass Musaffa's business and financial screening criteria.

KNGS was created on 2023-11-02 by Roundhill. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 3.11m in AUM and 40 holdings. KNGS tracks a yield-weighted index of dividend-paying companies from the S&P Composite 1500 Index that have increased dividends for at least 50 consecutive years.

Roundhill S&P Dividend Monarchs ETF (KNGS) Chart

Key Statistics of Roundhill S&P Dividend Monarchs ETF (KNGS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Staples
32.89%
Utilities
16.70%
Industrials
14.23%
Materials
12.11%
Health Care
11.16%
Consumer Discretionary
5.47%
Real Estate
4.50%
Financials
2.72%
Other
0.22%

FAQ's for Roundhill S&P Dividend Monarchs ETF (KNGS)

As of September 2026, Roundhill S&P Dividend Monarchs ETF KNGS 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 Roundhill S&P Dividend Monarchs ETF using these criteria to determine its compliance status.
The Shariah compliance status of Roundhill S&P Dividend Monarchs 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 Roundhill S&P Dividend Monarchs ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.