As of September 2026, Schwab Short-Term US Treasury ETF is classified as not halal.
NOT HALAL
Is Schwab Short-Term US Treasury ETF Halal?
Shariah Compliance Analysis of SCHO ETF
US Fixed Income Investment Grade
No. As of September 2026, Schwab Short-Term US Treasury ETF (SCHO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Schwab Short-Term US Treasury ETF does not pass Musaffa's business and financial screening criteria.
SCHO was created on 2010-08-05 by Schwab. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 11829.25m in AUM and 97 holdings. SCHO tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years.
Schwab Short-Term US Treasury ETF (SCHO) Chart
Key Statistics of Schwab Short-Term US Treasury ETF (SCHO)
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FAQ's for Schwab Short-Term US Treasury ETF (SCHO)
As of September 2026, Schwab Short-Term US Treasury ETF SCHO 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 Schwab Short-Term US Treasury ETF using these criteria to determine its compliance status.
The Shariah compliance status of Schwab Short-Term US Treasury 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 Schwab Short-Term US Treasury ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.