First Trust Structured Credit Income Opportunities ETF SCIO
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us
SCIO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, First Trust Structured Credit Income Opportunities ETF is classified as not halal.
NOT HALAL
Is First Trust Structured Credit Income Opportunities ETF Halal?
Shariah Compliance Analysis of SCIO ETF
US Fixed Income Broad Credit No. As of September 2026, First Trust Structured Credit Income Opportunities ETF (SCIO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Structured Credit Income Opportunities ETF does not pass Musaffa's business and financial screening criteria.
SCIO was created on 2024-02-27 by First Trust. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 110.9m in AUM and 189 holdings. SCIO is actively managed, seeking to maximize long-term income by holding intermediate-term structured credit investments such as RMBS, CMBS, CLOs, and ABS. Securities are of any credit quality.
First Trust Structured Credit Income Opportunities ETF (SCIO) Chart
Key Statistics of First Trust Structured Credit Income Opportunities ETF (SCIO)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-FAQ's for First Trust Structured Credit Income Opportunities ETF (SCIO)
- As of September 2026, First Trust Structured Credit Income Opportunities ETF SCIO 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 First Trust Structured Credit Income Opportunities ETF using these criteria to determine its compliance status.
- The Shariah compliance status of First Trust Structured Credit Income Opportunities 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 First Trust Structured Credit Income Opportunities ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.