Is Towle Value ETF halal to invest in?

As of September 2026, Towle Value ETF TCV 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 Towle Value 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 Towle Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Towle Value ETF updated?

The Shariah compliance status of Towle Value 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 Towle Value 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 Towle Value ETF?

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

Towle Value ETF TCV

TCV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Towle Value ETF is classified as not halal.

NOT HALAL

Is Towle Value ETF Halal?

Shariah Compliance Analysis of TCV ETF

US Equity Total Market

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

TCV was created on 2025-07-16 by Towle. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 84.65m in AUM and 44 holdings. TCV seeks long-term capital appreciation by actively managing a narrow portfolio of US value stocks. Security selection is based on the belief that investor biases create persistent market inefficiencies.

Towle Value ETF (TCV) Chart

Key Statistics of Towle Value ETF (TCV)

Today's Open

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FAQ's for Towle Value ETF (TCV)

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