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First Trust SMID Cap Rising Dividend Achievers ETF SDVY

SDVY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust SMID Cap Rising Dividend Achievers ETF is classified as not halal.

NOT HALAL

Is First Trust SMID Cap Rising Dividend Achievers ETF Halal?

Shariah Compliance Analysis of SDVY ETF

US Equity Extended Market

No. As of September 2026, First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust SMID Cap Rising Dividend Achievers ETF does not pass Musaffa's business and financial screening criteria.

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) Chart

Key Statistics of First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

Today's Open

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AUM

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Avg. Volume

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Expense Ratio

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P/E Ratio

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P/B Ratio

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Sector Exposure
  • Financials
    33.38%
  • Industrials
    24.49%
  • Consumer Discretionary
    17.86%
  • Energy
    9.34%
  • Materials
    6.33%
  • Information Technology
    4.09%
  • Communication Services
    3.10%
  • Consumer Staples
    1.26%
  • Other
    0.15%

FAQ's for First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

  • As of September 2026, First Trust SMID Cap Rising Dividend Achievers ETF SDVY 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 SMID Cap Rising Dividend Achievers ETF using these criteria to determine its compliance status.
  • The Shariah compliance status of First Trust SMID Cap Rising Dividend Achievers 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 SMID Cap Rising Dividend Achievers ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.