Is Nuveen Dividend Growth ETF halal to invest in?

As of September 2026, Nuveen Dividend Growth ETF NDVG 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 Nuveen Dividend 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 Nuveen Dividend Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Nuveen Dividend Growth ETF updated?

The Shariah compliance status of Nuveen Dividend 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 Nuveen Dividend 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 Nuveen Dividend Growth ETF?

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

Nuveen Dividend Growth ETF NDVG

NDVG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Nuveen Dividend Growth ETF is classified as not halal.

NOT HALAL

Is Nuveen Dividend Growth ETF Halal?

Shariah Compliance Analysis of NDVG ETF

US Equity Total Market

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

NDVG was created on 2021-08-04 by Nuveen. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 13.52m in AUM and 43 holdings. NDVG is an actively managed, non-transparent ETF that primarily holds dividend-paying equities from around the globe. The fund utilizes the Natixis/NYSE non-transparent model.

Nuveen Dividend Growth ETF (NDVG) Chart

Key Statistics of Nuveen Dividend Growth ETF (NDVG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
27.60%
Financials
15.04%
Health Care
12.24%
Industrials
8.26%
Consumer Discretionary
7.73%
Consumer Staples
7.29%
Real Estate
4.70%
Materials
4.57%
Utilities
4.39%
Energy
4.10%
Other
2.20%
Communication Services
1.88%

FAQ's for Nuveen Dividend Growth ETF (NDVG)

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