Is ETC 6 Meridian Low Beta Equity ETF halal to invest in?

As of September 2026, ETC 6 Meridian Low Beta Equity ETF SIXL 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 ETC 6 Meridian Low Beta Equity 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 ETC 6 Meridian Low Beta Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ETC 6 Meridian Low Beta Equity ETF updated?

The Shariah compliance status of ETC 6 Meridian Low Beta Equity 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 ETC 6 Meridian Low Beta Equity 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 ETC 6 Meridian Low Beta Equity ETF?

You can check the latest Shariah compliance status of ETC 6 Meridian Low Beta Equity ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ETC 6 Meridian Low Beta Equity ETF SIXL

SIXL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ETC 6 Meridian Low Beta Equity ETF is classified as not halal.

NOT HALAL

Is ETC 6 Meridian Low Beta Equity ETF Halal?

Shariah Compliance Analysis of SIXL ETF

US Equity Total Market

No. As of September 2026, ETC 6 Meridian Low Beta Equity ETF (SIXL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ETC 6 Meridian Low Beta Equity ETF does not pass Musaffa's business and financial screening criteria.

SIXL was created on 2020-05-11 by Meridian. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 189.92m in AUM and 243 holdings. SIXL is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted.

ETC 6 Meridian Low Beta Equity ETF (SIXL) Chart

Key Statistics of ETC 6 Meridian Low Beta Equity ETF (SIXL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
20.85%
Consumer Staples
19.50%
Utilities
13.33%
Financials
13.30%
Industrials
8.99%
Consumer Discretionary
7.38%
Information Technology
4.69%
Real Estate
4.17%
Communication Services
4.09%
Energy
2.10%
Materials
1.22%
Other
0.38%

FAQ's for ETC 6 Meridian Low Beta Equity ETF (SIXL)

As of September 2026, ETC 6 Meridian Low Beta Equity ETF SIXL 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 ETC 6 Meridian Low Beta Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of ETC 6 Meridian Low Beta Equity 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 ETC 6 Meridian Low Beta Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.