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Overlay Shares Foreign Equity ETF OVF

Is Overlay Shares Foreign Equity ETF Halal?

Shariah Compliance Analysis of OVF ETF

No. As of October 2026, Overlay Shares Foreign Equity ETF (OVF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

OVF was created on 2019-09-30 by Overlay Shares. The fund's investment portfolio concentrates primarily on large cap equity. OVF is actively managed to provide exposure to non-U.S. equities combined with a U.S. large cap put spread option strategy.

OVF Shariah Compliance

As of October 2026, Overlay Shares Foreign Equity ETF is classified as not halal.

NOT HALAL

Overlay Shares Foreign Equity ETF (OVF) Chart

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