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

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

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

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

You can check the latest Shariah compliance status of KFA Small 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 Small Cap Quality Dividend Index ETF KSCD

KSCD Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is KFA Small Cap Quality Dividend Index ETF Halal?

Shariah Compliance Analysis of KSCD ETF

US Equity Small Cap

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

KSCD was created on 2019-06-12 by KraneShares. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 6.41m in AUM and 52 holdings. KSCD tracks a dividend-selected, equally weighted index of small-cap US equities.

KFA Small Cap Quality Dividend Index ETF (KSCD) Chart

Key Statistics of KFA Small Cap Quality Dividend Index ETF (KSCD)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
27.77%
Industrials
17.66%
Utilities
16.54%
Materials
9.51%
Consumer Staples
9.51%
Real Estate
6.32%
Communication Services
4.33%
Information Technology
4.24%
Health Care
4.01%
Other
0.11%

FAQ's for KFA Small Cap Quality Dividend Index ETF (KSCD)

As of September 2026, KFA Small Cap Quality Dividend Index ETF KSCD 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 Small Cap Quality Dividend Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of KFA Small 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 Small 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.