Is T. Rowe Price Floating Rate ETF halal to invest in?

As of September 2026, T. Rowe Price Floating Rate ETF TFLR 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 T. Rowe Price Floating Rate 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 T. Rowe Price Floating Rate ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for T. Rowe Price Floating Rate ETF updated?

The Shariah compliance status of T. Rowe Price Floating Rate 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 T. Rowe Price Floating Rate 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 T. Rowe Price Floating Rate ETF?

You can check the latest Shariah compliance status of T. Rowe Price Floating Rate ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

T. Rowe Price Floating Rate ETF TFLR

TFLR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, T. Rowe Price Floating Rate ETF is classified as not halal.

NOT HALAL

Is T. Rowe Price Floating Rate ETF Halal?

Shariah Compliance Analysis of TFLR ETF

US Fixed Income High Yield

No. As of September 2026, T. Rowe Price Floating Rate ETF (TFLR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. T. Rowe Price Floating Rate ETF does not pass Musaffa's business and financial screening criteria.

TFLR was created on 2022-11-16 by T. Rowe Price. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 448.56m in AUM and 330 holdings. TFLR is actively managed to invest in a broad portfolio of USD-denominated floating-rate loans. The portfolio predominantly holds high-yield securities.

T. Rowe Price Floating Rate ETF (TFLR) Chart

Key Statistics of T. Rowe Price Floating Rate ETF (TFLR)

Today's Open

AUM

Avg. Volume

Expense Ratio

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P/B Ratio

FAQ's for T. Rowe Price Floating Rate ETF (TFLR)

As of September 2026, T. Rowe Price Floating Rate ETF TFLR 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 T. Rowe Price Floating Rate ETF using these criteria to determine its compliance status.
The Shariah compliance status of T. Rowe Price Floating Rate 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 T. Rowe Price Floating Rate ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.