Is ALPS O'Shares U.S. Quality Dividend ETF halal to invest in?

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

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

The Shariah compliance status of ALPS O'Shares U.S. 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 U.S. 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 U.S. Quality Dividend ETF?

You can check the latest Shariah compliance status of ALPS O'Shares U.S. 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 U.S. Quality Dividend ETF OUSA

OUSA Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is ALPS O'Shares U.S. Quality Dividend ETF Halal?

Shariah Compliance Analysis of OUSA ETF

US Equity Large Cap

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

OUSA was created on 2015-07-14 by ALPS. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 819.25m in AUM and 102 holdings. OUSA tracks an index that selects and weights large-cap US stocks based on four factors: high quality, low volatility, high dividend yield, and dividend quality.

ALPS O'Shares U.S. Quality Dividend ETF (OUSA) Chart

Key Statistics of ALPS O'Shares U.S. Quality Dividend ETF (OUSA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
23.68%
Health Care
18.70%
Financials
16.70%
Industrials
11.90%
Consumer Discretionary
9.44%
Consumer Staples
9.34%
Communication Services
7.65%
Utilities
2.45%
Other
0.14%

FAQ's for ALPS O'Shares U.S. Quality Dividend ETF (OUSA)

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