Is Morgan Dempsey Large Cap Value ETF halal to invest in?

As of September 2026, Morgan Dempsey Large Cap Value ETF MDLV 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 Morgan Dempsey Large Cap Value 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 Morgan Dempsey Large Cap Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Morgan Dempsey Large Cap Value ETF updated?

The Shariah compliance status of Morgan Dempsey Large Cap Value 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 Morgan Dempsey Large Cap Value 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 Morgan Dempsey Large Cap Value ETF?

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

Morgan Dempsey Large Cap Value ETF MDLV

MDLV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Morgan Dempsey Large Cap Value ETF is classified as not halal.

NOT HALAL

Is Morgan Dempsey Large Cap Value ETF Halal?

Shariah Compliance Analysis of MDLV ETF

US Equity Large Cap

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

MDLV was created on 2023-04-26 by Morgan Dempsey. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 34.37m in AUM and 40 holdings. MDLV is actively managed to provide exposure to US-listed, large-cap companies believed to be undervalued. Holdings are selected based on fundamental criteria.

Morgan Dempsey Large Cap Value ETF (MDLV) Chart

Key Statistics of Morgan Dempsey Large Cap Value ETF (MDLV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Staples
14.04%
Utilities
12.94%
Health Care
12.53%
Energy
12.02%
Industrials
11.63%
Other
8.36%
Information Technology
6.92%
Communication Services
6.26%
Financials
5.91%
Consumer Discretionary
3.42%
Real Estate
3.15%
Materials
2.82%

FAQ's for Morgan Dempsey Large Cap Value ETF (MDLV)

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