Is First Trust Rising Dividend Achievers ETF halal to invest in?

As of September 2026, First Trust Rising Dividend Achievers ETF RDVY 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 First Trust Rising Dividend Achievers 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 First Trust Rising Dividend Achievers ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Rising Dividend Achievers ETF updated?

The Shariah compliance status of First Trust Rising Dividend Achievers 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 First Trust Rising Dividend Achievers 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 First Trust Rising Dividend Achievers ETF?

You can check the latest Shariah compliance status of First Trust Rising Dividend Achievers ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

First Trust Rising Dividend Achievers ETF RDVY

RDVY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Rising Dividend Achievers ETF is classified as not halal.

NOT HALAL

Is First Trust Rising Dividend Achievers ETF Halal?

Shariah Compliance Analysis of RDVY ETF

US Equity Large Cap

No. As of September 2026, First Trust Rising Dividend Achievers ETF (RDVY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Rising Dividend Achievers ETF does not pass Musaffa's business and financial screening criteria.

RDVY was created on 2014-01-06 by First Trust. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 19253.47m in AUM and 72 holdings. RDVY tracks an index of 50 large-cap stocks with rising, high-quality dividends.

First Trust Rising Dividend Achievers ETF (RDVY) Chart

Key Statistics of First Trust Rising Dividend Achievers ETF (RDVY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
40.21%
Information Technology
16.51%
Materials
12.49%
Energy
11.65%
Health Care
7.76%
Industrials
4.09%
Communication Services
3.91%
Consumer Discretionary
2.00%
Consumer Staples
1.35%

FAQ's for First Trust Rising Dividend Achievers ETF (RDVY)

As of September 2026, First Trust Rising Dividend Achievers ETF RDVY 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 First Trust Rising Dividend Achievers ETF using these criteria to determine its compliance status.
The Shariah compliance status of First Trust Rising Dividend Achievers 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 First Trust Rising Dividend Achievers ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.