Is SEI Enhanced U.S. Large Cap Momentum Factor ETF halal to invest in?

As of September 2026, SEI Enhanced U.S. Large Cap Momentum Factor ETF SEIM 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 SEI Enhanced U.S. Large Cap Momentum Factor 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 SEI Enhanced U.S. Large Cap Momentum Factor ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SEI Enhanced U.S. Large Cap Momentum Factor ETF updated?

The Shariah compliance status of SEI Enhanced U.S. Large Cap Momentum Factor 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 SEI Enhanced U.S. Large Cap Momentum Factor 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 SEI Enhanced U.S. Large Cap Momentum Factor ETF?

You can check the latest Shariah compliance status of SEI Enhanced U.S. Large Cap Momentum Factor ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SEI Enhanced U.S. Large Cap Momentum Factor ETF SEIM

SEIM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SEI Enhanced U.S. Large Cap Momentum Factor ETF is classified as not halal.

NOT HALAL

Is SEI Enhanced U.S. Large Cap Momentum Factor ETF Halal?

Shariah Compliance Analysis of SEIM ETF

US Equity Large Cap

No. As of September 2026, SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SEI Enhanced U.S. Large Cap Momentum Factor ETF does not pass Musaffa's business and financial screening criteria.

SEIM was created on 2022-05-18 by SEI. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 1072.63m in AUM and 65 holdings. SEIM is an actively managed fund of large-cap US companies, exhibiting strong momentum. Selection is based on a quantitative model and an optimization process.

SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM) Chart

Key Statistics of SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
31.31%
Industrials
16.16%
Health Care
13.79%
Consumer Discretionary
12.71%
Financials
10.31%
Communication Services
6.37%
Consumer Staples
4.69%
Utilities
1.79%
Materials
1.77%
Other
0.71%
Energy
0.39%

FAQ's for SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM)

As of September 2026, SEI Enhanced U.S. Large Cap Momentum Factor ETF SEIM 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 SEI Enhanced U.S. Large Cap Momentum Factor ETF using these criteria to determine its compliance status.
The Shariah compliance status of SEI Enhanced U.S. Large Cap Momentum Factor 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 SEI Enhanced U.S. Large Cap Momentum Factor ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.