Is Sovereign's Capital Flourish Fund halal to invest in?

As of September 2026, Sovereign's Capital Flourish Fund SOVF 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 Sovereign's Capital Flourish Fund 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 Sovereign's Capital Flourish Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for Sovereign's Capital Flourish Fund updated?

The Shariah compliance status of Sovereign's Capital Flourish Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Sovereign's Capital Flourish Fund 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 Sovereign's Capital Flourish Fund?

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

Sovereign's Capital Flourish Fund SOVF

SOVF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Sovereign's Capital Flourish Fund is classified as not halal.

NOT HALAL

Is Sovereign's Capital Flourish Fund ETF Halal?

Shariah Compliance Analysis of SOVF ETF

US Equity Total Market

No. As of September 2026, Sovereign's Capital Flourish Fund (SOVF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sovereign's Capital Flourish Fund does not pass Musaffa's business and financial screening criteria.

SOVF was created on 2023-10-03 by Sovereign's. The fund's investment portfolio concentrates primarily on total market equity. SOVF is an actively managed fund that invests in 80 to 100 US companies whose leaders seek to build corporate cultures based on biblical values.

Sovereign's Capital Flourish Fund (SOVF) Chart

Key Statistics of Sovereign's Capital Flourish Fund (SOVF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
23.35%
Industrials
21.71%
Information Technology
15.38%
Health Care
9.96%
Consumer Staples
9.60%
Consumer Discretionary
6.69%
Real Estate
4.82%
Energy
3.98%
Utilities
2.14%
Materials
1.17%
Communication Services
1.03%
Other
0.17%

FAQ's for Sovereign's Capital Flourish Fund (SOVF)

As of September 2026, Sovereign's Capital Flourish Fund SOVF 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 Sovereign's Capital Flourish Fund using these criteria to determine its compliance status.
The Shariah compliance status of Sovereign's Capital Flourish Fund 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 Sovereign's Capital Flourish Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.