Is USCF Dividend Income Fund halal to invest in?

As of September 2026, USCF Dividend Income Fund UDI 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 USCF Dividend Income 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 USCF Dividend Income Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for USCF Dividend Income Fund updated?

The Shariah compliance status of USCF Dividend Income 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 USCF Dividend Income 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 USCF Dividend Income Fund?

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

USCF Dividend Income Fund UDI

UDI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, USCF Dividend Income Fund is classified as not halal.

NOT HALAL

Is USCF Dividend Income Fund ETF Halal?

Shariah Compliance Analysis of UDI ETF

US Equity Total Market

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

UDI was created on 2022-06-08 by USCF Advisers. The fund's investment portfolio concentrates primarily on total market equity. UDI is an actively managed fund that primarily invests in US exchange-traded, dividend-paying companies that meet the funds financial and ESG criteria.

USCF Dividend Income Fund (UDI) Chart

Key Statistics of USCF Dividend Income Fund (UDI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
33.98%
Health Care
20.95%
Real Estate
10.10%
Consumer Staples
8.07%
Communication Services
7.94%
Industrials
7.85%
Information Technology
5.55%
Materials
3.08%
Other
2.48%

FAQ's for USCF Dividend Income Fund (UDI)

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