Is Matthews Emerging Markets ex China Active ETF halal to invest in?

As of September 2026, Matthews Emerging Markets ex China Active ETF MEMX 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 Matthews Emerging Markets ex China Active 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 Matthews Emerging Markets ex China Active ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Matthews Emerging Markets ex China Active ETF updated?

The Shariah compliance status of Matthews Emerging Markets ex China Active 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 Matthews Emerging Markets ex China Active 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 Matthews Emerging Markets ex China Active ETF?

You can check the latest Shariah compliance status of Matthews Emerging Markets ex China Active ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Matthews Emerging Markets ex China Active ETF MEMX

MEMX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Matthews Emerging Markets ex China Active ETF is classified as not halal.

NOT HALAL

Is Matthews Emerging Markets ex China Active ETF Halal?

Shariah Compliance Analysis of MEMX ETF

US Equity Total Market

No. As of September 2026, Matthews Emerging Markets ex China Active ETF (MEMX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Matthews Emerging Markets ex China Active ETF does not pass Musaffa's business and financial screening criteria.

MEMX was created on 2023-01-11 by Matthews. The fund's investment portfolio concentrates primarily on total market equity. MEMX is an actively managed fund that invests in companies from emerging markets, excluding China, considered to have sustainable growth potential.

Matthews Emerging Markets ex China Active ETF (MEMX) Chart

Key Statistics of Matthews Emerging Markets ex China Active ETF (MEMX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
33.86%
Financials
18.45%
Consumer Staples
9.63%
Information Technology
9.59%
Consumer Discretionary
8.54%
Energy
3.92%
Materials
3.85%
Health Care
3.24%
Real Estate
2.62%
Industrials
2.59%
Communication Services
2.49%
Utilities
1.22%

FAQ's for Matthews Emerging Markets ex China Active ETF (MEMX)

As of September 2026, Matthews Emerging Markets ex China Active ETF MEMX 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 ex China Active ETF using these criteria to determine its compliance status.
The Shariah compliance status of Matthews Emerging Markets ex China 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 ex China Active ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.