Is ALPS O'Shares Europe Quality Dividend ETF halal to invest in?

As of September 2026, ALPS O'Shares Europe Quality Dividend ETF OEUR 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 ALPS O'Shares Europe Quality 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 ALPS O'Shares Europe Quality Dividend ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ALPS O'Shares Europe Quality Dividend ETF updated?

The Shariah compliance status of ALPS O'Shares Europe Quality 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 ALPS O'Shares Europe Quality 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 ALPS O'Shares Europe Quality Dividend ETF?

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

ALPS O'Shares Europe Quality Dividend ETF OEUR

OEUR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ALPS O'Shares Europe Quality Dividend ETF is classified as not halal.

NOT HALAL

Is ALPS O'Shares Europe Quality Dividend ETF Halal?

Shariah Compliance Analysis of OEUR ETF

US Equity Large Cap

No. As of September 2026, ALPS O'Shares Europe Quality Dividend ETF (OEUR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ALPS O'Shares Europe Quality Dividend ETF does not pass Musaffa's business and financial screening criteria.

OEUR was created on 2015-08-19 by ALPS. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 40.62m in AUM and 52 holdings. OEUR tracks an index that selects and weights large and mid-cap Europe stocks based on three factors: high quality, low volatility, and high dividend yield.

ALPS O'Shares Europe Quality Dividend ETF (OEUR) Chart

Key Statistics of ALPS O'Shares Europe Quality Dividend ETF (OEUR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
26.61%
Health Care
17.49%
Consumer Staples
14.27%
Financials
12.50%
Consumer Discretionary
10.43%
Information Technology
8.05%
Utilities
5.01%
Communication Services
4.19%
Other
1.45%

FAQ's for ALPS O'Shares Europe Quality Dividend ETF (OEUR)

As of September 2026, ALPS O'Shares Europe Quality Dividend ETF OEUR 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 ALPS O'Shares Europe Quality Dividend ETF using these criteria to determine its compliance status.
The Shariah compliance status of ALPS O'Shares Europe Quality 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 ALPS O'Shares Europe Quality Dividend ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.