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Matthews Emerging Markets Discovery Active ETF MEMS
MEMS Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Matthews Emerging Markets Discovery Active ETF is classified as not halal.
NOT HALAL
Is Matthews Emerging Markets Discovery Active ETF Halal?
Shariah Compliance Analysis of MEMS ETF
No. As of September 2026, Matthews Emerging Markets Discovery Active ETF (MEMS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Matthews Emerging Markets Discovery Active ETF does not pass Musaffa's business and financial screening criteria.
MEMS was created on 2024-01-11 by Matthews. The fund's investment portfolio concentrates primarily on extended market equity. MEMS is actively managed, seeking long-term capital appreciation through investments in small- and mid-cap emerging market companies with perceived sustainable growth potential.
Matthews Emerging Markets Discovery Active ETF (MEMS) Chart
Key Statistics of Matthews Emerging Markets Discovery Active ETF (MEMS)
Today's Open
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-FAQ's for Matthews Emerging Markets Discovery Active ETF (MEMS)
- As of September 2026, Matthews Emerging Markets Discovery Active ETF MEMS 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 Matthews Emerging Markets Discovery Active ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Matthews Emerging Markets Discovery Active 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 Matthews Emerging Markets Discovery Active ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
