Is ALPS Active Equity Opportunity ETF halal to invest in?

As of September 2026, ALPS Active Equity Opportunity ETF RFFC 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 ALPS Active Equity Opportunity 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 ALPS Active Equity Opportunity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ALPS Active Equity Opportunity ETF updated?

The Shariah compliance status of ALPS Active Equity Opportunity 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 ALPS Active Equity Opportunity 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 ALPS Active Equity Opportunity ETF?

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

ALPS Active Equity Opportunity ETF RFFC

RFFC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ALPS Active Equity Opportunity ETF is classified as not halal.

NOT HALAL

Is ALPS Active Equity Opportunity ETF Halal?

Shariah Compliance Analysis of RFFC ETF

US Equity Total Market

No. As of September 2026, ALPS Active Equity Opportunity ETF (RFFC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ALPS Active Equity Opportunity ETF does not pass Musaffa's business and financial screening criteria.

RFFC was created on 2016-06-06 by ALPS. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 27.0m in AUM and 59 holdings. RFFC is an actively managed fund that broadly invests in stocks of various market capitalization. At least 75% of assets are invested in securities by US issuers.

ALPS Active Equity Opportunity ETF (RFFC) Chart

Key Statistics of ALPS Active Equity Opportunity ETF (RFFC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
24.37%
Financials
13.68%
Consumer Discretionary
10.08%
Industrials
9.44%
Communication Services
8.62%
Health Care
8.60%
Other
7.11%
Consumer Staples
7.00%
Energy
5.05%
Utilities
2.40%
Real Estate
1.85%
Materials
1.80%

FAQ's for ALPS Active Equity Opportunity ETF (RFFC)

As of September 2026, ALPS Active Equity Opportunity ETF RFFC 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 ALPS Active Equity Opportunity ETF using these criteria to determine its compliance status.
The Shariah compliance status of ALPS Active Equity Opportunity 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 ALPS Active Equity Opportunity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.