Is Xtrackers S&P MidCap 400 Scored & Screened ETF halal to invest in?

As of September 2026, Xtrackers S&P MidCap 400 Scored & Screened ETF MIDE 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 Xtrackers S&P MidCap 400 Scored & Screened 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 Xtrackers S&P MidCap 400 Scored & Screened ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Xtrackers S&P MidCap 400 Scored & Screened ETF updated?

The Shariah compliance status of Xtrackers S&P MidCap 400 Scored & Screened 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 Xtrackers S&P MidCap 400 Scored & Screened 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 Xtrackers S&P MidCap 400 Scored & Screened ETF?

You can check the latest Shariah compliance status of Xtrackers S&P MidCap 400 Scored & Screened ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Xtrackers S&P MidCap 400 Scored & Screened ETF MIDE

MIDE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Xtrackers S&P MidCap 400 Scored & Screened ETF is classified as not halal.

NOT HALAL

Is Xtrackers S&P MidCap 400 Scored & Screened ETF Halal?

Shariah Compliance Analysis of MIDE ETF

US Equity Mid Cap

No. As of September 2026, Xtrackers S&P MidCap 400 Scored & Screened ETF (MIDE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Xtrackers S&P MidCap 400 Scored & Screened ETF does not pass Musaffa's business and financial screening criteria.

MIDE was created on 2021-02-24 by Xtrackers. The fund's investment portfolio concentrates primarily on mid cap equity. MIDE tracks a market cap-weighted index of US mid-cap companies with favorable ESG ratings.

Xtrackers S&P MidCap 400 Scored & Screened ETF (MIDE) Chart

Key Statistics of Xtrackers S&P MidCap 400 Scored & Screened ETF (MIDE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
20.95%
Financials
18.01%
Consumer Discretionary
14.76%
Information Technology
9.26%
Real Estate
8.96%
Health Care
7.50%
Materials
7.31%
Energy
4.60%
Consumer Staples
3.41%
Other
2.22%
Utilities
1.95%
Communication Services
1.07%

FAQ's for Xtrackers S&P MidCap 400 Scored & Screened ETF (MIDE)

As of September 2026, Xtrackers S&P MidCap 400 Scored & Screened ETF MIDE 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 Xtrackers S&P MidCap 400 Scored & Screened ETF using these criteria to determine its compliance status.
The Shariah compliance status of Xtrackers S&P MidCap 400 Scored & Screened 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 Xtrackers S&P MidCap 400 Scored & Screened ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.