Is Nuveen ESG Dividend ETF halal to invest in?

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

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

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

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

Nuveen ESG Dividend ETF NUDV

NUDV Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Nuveen ESG Dividend ETF Halal?

Shariah Compliance Analysis of NUDV ETF

US Equity High Dividend Yield

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

NUDV was created on 2021-09-27 by Nuveen. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 37.47m in AUM and 89 holdings. NUDV tracks an index of large- and mid-cap US-listed companies that exhibit high dividend yields and meet certain ESG criteria.

Nuveen ESG Dividend ETF (NUDV) Chart

Key Statistics of Nuveen ESG Dividend ETF (NUDV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
23.36%
Industrials
16.34%
Health Care
11.85%
Consumer Staples
11.83%
Information Technology
10.21%
Real Estate
8.76%
Consumer Discretionary
6.02%
Communication Services
3.49%
Materials
3.04%
Utilities
3.03%
Energy
1.97%
Other
0.10%

FAQ's for Nuveen ESG Dividend ETF (NUDV)

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