Is VictoryShares Nasdaq Next 50 ETF halal to invest in?

As of September 2026, VictoryShares Nasdaq Next 50 ETF QQQN 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 VictoryShares Nasdaq Next 50 ETF 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 VictoryShares Nasdaq Next 50 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for VictoryShares Nasdaq Next 50 ETF updated?

The Shariah compliance status of VictoryShares Nasdaq Next 50 ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like VictoryShares Nasdaq Next 50 ETF 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 VictoryShares Nasdaq Next 50 ETF?

You can check the latest Shariah compliance status of VictoryShares Nasdaq Next 50 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

VictoryShares Nasdaq Next 50 ETF QQQN

QQQN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, VictoryShares Nasdaq Next 50 ETF is classified as not halal.

NOT HALAL

Is VictoryShares Nasdaq Next 50 ETF Halal?

Shariah Compliance Analysis of QQQN ETF

US Equity Large Cap

No. As of September 2026, VictoryShares Nasdaq Next 50 ETF (QQQN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VictoryShares Nasdaq Next 50 ETF does not pass Musaffa's business and financial screening criteria.

QQQN was created on 2020-09-09 by VictoryShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 28.31m in AUM and 55 holdings. QQQN tracks a market-cap weighted, narrow index of 50 non-financial stocks that are next-eligible for inclusion in the NASDAQ-100 Index.

VictoryShares Nasdaq Next 50 ETF (QQQN) Chart

Key Statistics of VictoryShares Nasdaq Next 50 ETF (QQQN)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
46.23%
Health Care
16.39%
Consumer Discretionary
13.18%
Industrials
9.44%
Other
8.90%
Communication Services
3.66%
Materials
2.20%

FAQ's for VictoryShares Nasdaq Next 50 ETF (QQQN)

As of September 2026, VictoryShares Nasdaq Next 50 ETF QQQN 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 VictoryShares Nasdaq Next 50 ETF using these criteria to determine its compliance status.
The Shariah compliance status of VictoryShares Nasdaq Next 50 ETF 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 VictoryShares Nasdaq Next 50 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.