Is Schwab International Dividend Equity ETF halal to invest in?

As of September 2026, Schwab International Dividend Equity ETF SCHY 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 Schwab International Dividend Equity 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 Schwab International Dividend Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Schwab International Dividend Equity ETF updated?

The Shariah compliance status of Schwab International Dividend Equity 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 Schwab International Dividend Equity 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 Schwab International Dividend Equity ETF?

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

Schwab International Dividend Equity ETF SCHY

SCHY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Schwab International Dividend Equity ETF is classified as not halal.

NOT HALAL

Is Schwab International Dividend Equity ETF Halal?

Shariah Compliance Analysis of SCHY ETF

US Equity High Dividend Yield

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

SCHY was created on 2021-04-29 by Schwab. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 1660.42m in AUM and 101 holdings. SCHY tracks a modified market-cap-weighted index of 100 high-dividend-yielding stocks located outside of the US. Stocks are selected based on additional fundamental criteria and low volatility.

Schwab International Dividend Equity ETF (SCHY) Chart

Key Statistics of Schwab International Dividend Equity ETF (SCHY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
14.74%
Consumer Staples
14.07%
Materials
13.22%
Financials
12.41%
Utilities
10.36%
Health Care
8.50%
Industrials
8.41%
Other
6.84%
Consumer Discretionary
5.87%
Information Technology
3.81%
Energy
0.98%
Real Estate
0.79%

FAQ's for Schwab International Dividend Equity ETF (SCHY)

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