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First Trust Structured Credit Income Opportunities ETF SCIO

Is First Trust Structured Credit Income Opportunities ETF Halal?

Shariah Compliance Analysis of SCIO ETF

No. As of October 2026, First Trust Structured Credit Income Opportunities ETF (SCIO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

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.

SCIO Shariah Compliance

As of October 2026, First Trust Structured Credit Income Opportunities ETF is classified as not halal.

NOT HALAL

First Trust Structured Credit Income Opportunities ETF (SCIO) Chart

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