Is REX NVDA Growth & Income ETF halal to invest in?

As of September 2026, REX NVDA Growth & Income ETF NVII 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 REX NVDA Growth & Income 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 REX NVDA Growth & Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for REX NVDA Growth & Income ETF updated?

The Shariah compliance status of REX NVDA Growth & Income 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 REX NVDA Growth & Income 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 REX NVDA Growth & Income ETF?

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

REX NVDA Growth & Income ETF NVII

NVII Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, REX NVDA Growth & Income ETF is classified as not halal.

NOT HALAL

Is REX NVDA Growth & Income ETF Halal?

Shariah Compliance Analysis of NVII ETF

US Equity Information Technology

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

NVII was created on 2025-05-28 by REX Shares. The fund's investment portfolio concentrates primarily on information technology equity. NVII seeks to provide weekly distributions through a synthetic covered call strategy on Nvidia (NVDA), while also aiming for 105% to 150% of NVDAs daily share price performance. The actively managed fund uses both standardized exchange-traded and FLEX options, collateralized by US treasuries.

REX NVDA Growth & Income ETF (NVII) Chart

Key Statistics of REX NVDA Growth & Income ETF (NVII)

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FAQ's for REX NVDA Growth & Income ETF (NVII)

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