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RiverFront Dynamic US Dividend Advantage ETF RFDA

Is RiverFront Dynamic US Dividend Advantage ETF Halal?

Shariah Compliance Analysis of RFDA ETF

No. As of October 2026, RiverFront Dynamic US Dividend Advantage ETF (RFDA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RFDA was created on 2016-06-06 by RiverFront. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 85.17m in AUM and 74 holdings. RFDA is an actively-managed fund that invests in US-domiciled companies with higher dividend yields than their peers within the same sector, among other factors.

RFDA Shariah Compliance

As of October 2026, RiverFront Dynamic US Dividend Advantage ETF is classified as not halal.

NOT HALAL

RiverFront Dynamic US Dividend Advantage ETF (RFDA) Chart

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