As of September 2026, Matrix Advisors Value ETF is classified as not halal.
NOT HALAL
Is Matrix Advisors Value ETF Halal?
Shariah Compliance Analysis of MAVF ETF
US Equity Large Cap
No. As of September 2026, Matrix Advisors Value ETF (MAVF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Matrix Advisors Value ETF does not pass Musaffa's business and financial screening criteria.
MAVF was created on 2025-02-24 by Matrix. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 84.54m in AUM and 28 holdings. MAVF is actively managed, seeking total returns through investments in undervalued US large-cap companies with financial strength, sustainable cash flow generation, and attractive valuation metrics.
Matrix Advisors Value ETF (MAVF) Chart
Key Statistics of Matrix Advisors Value ETF (MAVF)
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FAQ's for Matrix Advisors Value ETF (MAVF)
As of September 2026, Matrix Advisors Value ETF MAVF 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 Matrix Advisors Value ETF using these criteria to determine its compliance status.
The Shariah compliance status of Matrix Advisors Value 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 Matrix Advisors Value ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.