Is VanEck Morningstar SMID Moat ETF halal to invest in?

As of September 2026, VanEck Morningstar SMID Moat ETF SMOT 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 VanEck Morningstar SMID Moat 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 VanEck Morningstar SMID Moat ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for VanEck Morningstar SMID Moat ETF updated?

The Shariah compliance status of VanEck Morningstar SMID Moat 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 VanEck Morningstar SMID Moat 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 VanEck Morningstar SMID Moat ETF?

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

VanEck Morningstar SMID Moat ETF SMOT

SMOT Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, VanEck Morningstar SMID Moat ETF is classified as not halal.

NOT HALAL

Is VanEck Morningstar SMID Moat ETF Halal?

Shariah Compliance Analysis of SMOT ETF

US Equity Extended Market

No. As of September 2026, VanEck Morningstar SMID Moat ETF (SMOT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VanEck Morningstar SMID Moat ETF does not pass Musaffa's business and financial screening criteria.

SMOT was created on 2022-10-04 by VanEck. The fund's investment portfolio concentrates primarily on extended market equity. The ETF currently has 360.05m in AUM and 107 holdings. SMOT tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations.

VanEck Morningstar SMID Moat ETF (SMOT) Chart

Key Statistics of VanEck Morningstar SMID Moat ETF (SMOT)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
21.78%
Industrials
16.61%
Information Technology
11.84%
Financials
10.80%
Health Care
9.55%
Materials
8.75%
Utilities
7.67%
Communication Services
7.09%
Energy
2.51%
Consumer Staples
1.81%
Real Estate
1.52%
Other
0.07%

FAQ's for VanEck Morningstar SMID Moat ETF (SMOT)

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