Is Nuveen Winslow Large-Cap Growth ESG ETF halal to invest in?

As of September 2026, Nuveen Winslow Large-Cap Growth ESG ETF NWLG 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 Winslow Large-Cap Growth ESG 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 Winslow Large-Cap Growth ESG ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Nuveen Winslow Large-Cap Growth ESG ETF updated?

The Shariah compliance status of Nuveen Winslow Large-Cap Growth ESG 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 Winslow Large-Cap Growth ESG 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 Winslow Large-Cap Growth ESG ETF?

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

Nuveen Winslow Large-Cap Growth ESG ETF NWLG

NWLG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Nuveen Winslow Large-Cap Growth ESG ETF is classified as not halal.

NOT HALAL

Is Nuveen Winslow Large-Cap Growth ESG ETF Halal?

Shariah Compliance Analysis of NWLG ETF

US Equity Large Cap

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

NWLG was created on 2021-08-04 by Nuveen. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 11.93m in AUM and 41 holdings. NWLG is an actively managed, non-transparent fund with exposure to US large-cap stocks screened for both growth and positive ESG characteristics. The fund utilizes the Natixis/NYSE non-transparent model.

Nuveen Winslow Large-Cap Growth ESG ETF (NWLG) Chart

Key Statistics of Nuveen Winslow Large-Cap Growth ESG ETF (NWLG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
49.92%
Consumer Discretionary
15.87%
Communication Services
8.73%
Health Care
7.22%
Financials
6.06%
Industrials
5.64%
Other
4.62%
Materials
1.94%

FAQ's for Nuveen Winslow Large-Cap Growth ESG ETF (NWLG)

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