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First Trust Riverfront Dynamic Emerging Markets ETF RFEM

Is First Trust Riverfront Dynamic Emerging Markets ETF Halal?

Shariah Compliance Analysis of RFEM ETF

No. As of October 2026, First Trust Riverfront Dynamic Emerging Markets ETF (RFEM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RFEM was created on 2016-06-14 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 50.9m in AUM and 106 holdings. RFEM is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.

RFEM Shariah Compliance

As of October 2026, First Trust Riverfront Dynamic Emerging Markets ETF is classified as not halal.

NOT HALAL

First Trust Riverfront Dynamic Emerging Markets ETF (RFEM) Chart

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