Is FIS Christian Stock Fund halal to invest in?

As of September 2026, FIS Christian Stock Fund PRAY 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 FIS Christian Stock Fund 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 FIS Christian Stock Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for FIS Christian Stock Fund updated?

The Shariah compliance status of FIS Christian Stock Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like FIS Christian Stock Fund 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 FIS Christian Stock Fund?

You can check the latest Shariah compliance status of FIS Christian Stock Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

FIS Christian Stock Fund PRAY

PRAY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, FIS Christian Stock Fund is classified as not halal.

NOT HALAL

Is FIS Christian Stock Fund ETF Halal?

Shariah Compliance Analysis of PRAY ETF

US Equity Total Market

No. As of September 2026, FIS Christian Stock Fund (PRAY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. FIS Christian Stock Fund does not pass Musaffa's business and financial screening criteria.

PRAY was created on 2022-02-08 by Faith Investor Services. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 71.67m in AUM and 73 holdings. PRAY is an actively managed fund that employs a risk-managed approach to invest in stocks from around the world that are perceived as biblically responsible investments.

FIS Christian Stock Fund (PRAY) Chart

Key Statistics of FIS Christian Stock Fund (PRAY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
21.09%
Other
19.08%
Health Care
11.85%
Consumer Discretionary
11.69%
Industrials
11.57%
Financials
8.26%
Consumer Staples
6.02%
Energy
3.55%
Materials
2.95%
Communication Services
2.36%
Real Estate
1.58%

FAQ's for FIS Christian Stock Fund (PRAY)

As of September 2026, FIS Christian Stock Fund PRAY 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 FIS Christian Stock Fund using these criteria to determine its compliance status.
The Shariah compliance status of FIS Christian Stock Fund 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 FIS Christian Stock Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.