Is FlexShares US Quality Large Cap Index Fund halal to invest in?

As of September 2026, FlexShares US Quality Large Cap Index Fund QLC 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 FlexShares US Quality Large Cap Index 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 FlexShares US Quality Large Cap Index Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for FlexShares US Quality Large Cap Index Fund updated?

The Shariah compliance status of FlexShares US Quality Large Cap Index 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 FlexShares US Quality Large Cap Index 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 FlexShares US Quality Large Cap Index Fund?

You can check the latest Shariah compliance status of FlexShares US Quality Large Cap Index Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

FlexShares US Quality Large Cap Index Fund QLC

QLC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, FlexShares US Quality Large Cap Index Fund is classified as not halal.

NOT HALAL

Is FlexShares US Quality Large Cap Index Fund ETF Halal?

Shariah Compliance Analysis of QLC ETF

US Equity Large Cap

No. As of September 2026, FlexShares US Quality Large Cap Index Fund (QLC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. FlexShares US Quality Large Cap Index Fund does not pass Musaffa's business and financial screening criteria.

QLC was created on 2015-09-24 by FlexShares. The fund's investment portfolio concentrates primarily on large cap equity. QLC tracks an index of the highest quality large-caps in the US market.

FlexShares US Quality Large Cap Index Fund (QLC) Chart

Key Statistics of FlexShares US Quality Large Cap Index Fund (QLC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
31.23%
Health Care
12.09%
Financials
10.46%
Consumer Discretionary
9.51%
Communication Services
8.07%
Industrials
7.03%
Other
5.81%
Real Estate
3.95%
Consumer Staples
3.91%
Utilities
3.73%
Energy
2.66%
Materials
1.55%

FAQ's for FlexShares US Quality Large Cap Index Fund (QLC)

As of September 2026, FlexShares US Quality Large Cap Index Fund QLC 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 FlexShares US Quality Large Cap Index Fund using these criteria to determine its compliance status.
The Shariah compliance status of FlexShares US Quality Large Cap Index 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 FlexShares US Quality Large Cap Index Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.