Is SoFi Social 50 ETF halal to invest in?

As of September 2026, SoFi Social 50 ETF SFYF 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 SoFi Social 50 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 SoFi Social 50 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SoFi Social 50 ETF updated?

The Shariah compliance status of SoFi Social 50 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 SoFi Social 50 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 SoFi Social 50 ETF?

You can check the latest Shariah compliance status of SoFi Social 50 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SoFi Social 50 ETF SFYF

SFYF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SoFi Social 50 ETF is classified as not halal.

NOT HALAL

Is SoFi Social 50 ETF Halal?

Shariah Compliance Analysis of SFYF ETF

US Equity Total Market

No. As of September 2026, SoFi Social 50 ETF (SFYF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SoFi Social 50 ETF does not pass Musaffa's business and financial screening criteria.

SFYF was created on 2019-05-08 by SoFi. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 41.69m in AUM and 52 holdings. SFYF tracks an index of 50 US listed stocks most widely held in self-directed brokerage accounts of SoFi Securities based on highest weighted average value.

SoFi Social 50 ETF (SFYF) Chart

Key Statistics of SoFi Social 50 ETF (SFYF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
34.72%
Consumer Discretionary
25.69%
Communication Services
17.16%
Financials
7.25%
Consumer Staples
6.01%
Other
3.43%
Health Care
2.40%
Industrials
2.20%
Energy
1.14%

FAQ's for SoFi Social 50 ETF (SFYF)

As of September 2026, SoFi Social 50 ETF SFYF 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 SoFi Social 50 ETF using these criteria to determine its compliance status.
The Shariah compliance status of SoFi Social 50 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 SoFi Social 50 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.