As of September 2026, Virtus Seix Senior Loan ETF is classified as not halal.
NOT HALAL
Is Virtus Seix Senior Loan ETF Halal?
Shariah Compliance Analysis of SEIX ETF
US Fixed Income High Yield
No. As of September 2026, Virtus Seix Senior Loan ETF (SEIX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Virtus Seix Senior Loan ETF does not pass Musaffa's business and financial screening criteria.
SEIX was created on 2019-04-24 by Virtus. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 267.39m in AUM and 185 holdings. SEIX provides actively-managed exposure to noninvestment-grade, floating-rate loans made by banks to US corporations.
Virtus Seix Senior Loan ETF (SEIX) Chart
Key Statistics of Virtus Seix Senior Loan ETF (SEIX)
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FAQ's for Virtus Seix Senior Loan ETF (SEIX)
As of September 2026, Virtus Seix Senior Loan ETF SEIX 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 Virtus Seix Senior Loan ETF using these criteria to determine its compliance status.
The Shariah compliance status of Virtus Seix Senior Loan 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 Virtus Seix Senior Loan ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.