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Overlay Shares Hedged Large Cap Equity ETF OVLH

Is Overlay Shares Hedged Large Cap Equity ETF Halal?

Shariah Compliance Analysis of OVLH ETF

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

OVLH was created on 2021-01-14 by Overlay Shares. The fund's investment portfolio concentrates primarily on large cap equity. OVLH is actively managed to provide exposure to the US large-cap space combined with an option overlay strategy, utilizing a put spread and long-term OTM put options.

OVLH Shariah Compliance

As of October 2026, Overlay Shares Hedged Large Cap Equity ETF is classified as not halal.

NOT HALAL

Overlay Shares Hedged Large Cap Equity ETF (OVLH) Chart

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