Is Vanguard Mega Cap Growth ETF halal to invest in?

As of September 2026, Vanguard Mega Cap Growth ETF MGK 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 Vanguard Mega Cap Growth 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 Vanguard Mega Cap Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Vanguard Mega Cap Growth ETF updated?

The Shariah compliance status of Vanguard Mega Cap Growth 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 Vanguard Mega Cap Growth 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 Vanguard Mega Cap Growth ETF?

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

Vanguard Mega Cap Growth ETF MGK

MGK Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Vanguard Mega Cap Growth ETF is classified as not halal.

NOT HALAL

Is Vanguard Mega Cap Growth ETF Halal?

Shariah Compliance Analysis of MGK ETF

US Equity Large Cap

No. As of September 2026, Vanguard Mega Cap Growth ETF (MGK) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vanguard Mega Cap Growth ETF does not pass Musaffa's business and financial screening criteria.

MGK was created on 2007-12-17 by Vanguard. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 32728.01m in AUM and 69 holdings. The fund tracks an index of mega-cap stocks in the US. Holdings are selected and weighed based on growth factors.

Vanguard Mega Cap Growth ETF (MGK) Chart

Key Statistics of Vanguard Mega Cap Growth ETF (MGK)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
50.82%
Consumer Discretionary
13.60%
Communication Services
11.58%
Health Care
7.26%
Financials
6.26%
Other
3.19%
Consumer Staples
2.35%
Industrials
1.98%
Materials
1.60%
Real Estate
1.10%
Energy
0.26%

FAQ's for Vanguard Mega Cap Growth ETF (MGK)

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