As of September 2026, SEI Select Small Cap ETF is classified as not halal.
NOT HALAL
Is SEI Select Small Cap ETF Halal?
Shariah Compliance Analysis of SEIS ETF
US Equity Small Cap
No. As of September 2026, SEI Select Small Cap ETF (SEIS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SEI Select Small Cap ETF does not pass Musaffa's business and financial screening criteria.
SEIS was created on 2024-10-10 by SEI. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 391.33m in AUM and 337 holdings. SEIS is actively managed, seeking capital appreciation through investments in small-cap US stocks. The selection process integrates the advisers proprietary quantitative model with recommendations from one or more sub-advisers.
SEI Select Small Cap ETF (SEIS) Chart
Key Statistics of SEI Select Small Cap ETF (SEIS)
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FAQ's for SEI Select Small Cap ETF (SEIS)
As of September 2026, SEI Select Small Cap ETF SEIS 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 Select Small Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of SEI Select Small Cap 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 Select Small Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.