Is WisdomTree U.S. MidCap Quality Growth Fund halal to invest in?

As of September 2026, WisdomTree U.S. MidCap Quality Growth Fund QMID 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 WisdomTree U.S. MidCap Quality Growth 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 WisdomTree U.S. MidCap Quality Growth Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for WisdomTree U.S. MidCap Quality Growth Fund updated?

The Shariah compliance status of WisdomTree U.S. MidCap Quality Growth 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 WisdomTree U.S. MidCap Quality Growth 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 WisdomTree U.S. MidCap Quality Growth Fund?

You can check the latest Shariah compliance status of WisdomTree U.S. MidCap Quality Growth Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

WisdomTree U.S. MidCap Quality Growth Fund QMID

QMID Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, WisdomTree U.S. MidCap Quality Growth Fund is classified as not halal.

NOT HALAL

Is WisdomTree U.S. MidCap Quality Growth Fund ETF Halal?

Shariah Compliance Analysis of QMID ETF

US Equity Mid Cap

No. As of September 2026, WisdomTree U.S. MidCap Quality Growth Fund (QMID) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. WisdomTree U.S. MidCap Quality Growth Fund does not pass Musaffa's business and financial screening criteria.

QMID was created on 2024-01-25 by WisdomTree. The fund's investment portfolio concentrates primarily on mid cap equity. QMID tracks a market cap-weighted index of US mid-cap growth companies that exhibit the strongest quality characteristics relative to their peers.

WisdomTree U.S. MidCap Quality Growth Fund (QMID) Chart

Key Statistics of WisdomTree U.S. MidCap Quality Growth Fund (QMID)

Today's Open

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Avg. Volume

Expense Ratio

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FAQ's for WisdomTree U.S. MidCap Quality Growth Fund (QMID)

As of September 2026, WisdomTree U.S. MidCap Quality Growth Fund QMID 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 WisdomTree U.S. MidCap Quality Growth Fund using these criteria to determine its compliance status.
The Shariah compliance status of WisdomTree U.S. MidCap Quality Growth 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 WisdomTree U.S. MidCap Quality Growth Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.