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VictoryShares Emerging Markets Value Momentum ETF UEVM
UEVM Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, VictoryShares Emerging Markets Value Momentum ETF is classified as not halal.
NOT HALAL
Is VictoryShares Emerging Markets Value Momentum ETF Halal?
Shariah Compliance Analysis of UEVM ETF
No. As of September 2026, VictoryShares Emerging Markets Value Momentum ETF (UEVM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VictoryShares Emerging Markets Value Momentum ETF does not pass Musaffa's business and financial screening criteria.
UEVM was created on 2017-10-24 by VictoryShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 228.12m in AUM and 189 holdings. UEVM tracks a multi-factor-selected, volatility-weighted index of stocks from emerging economies.
VictoryShares Emerging Markets Value Momentum ETF (UEVM) Chart
Key Statistics of VictoryShares Emerging Markets Value Momentum ETF (UEVM)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Other26.78%
- Information Technology13.63%
- Industrials13.21%
- Consumer Discretionary11.27%
- Financials7.27%
- Utilities6.31%
- Health Care6.08%
- Materials4.12%
- Consumer Staples3.86%
- Communication Services3.24%
- Real Estate3.23%
- Energy1.00%
FAQ's for VictoryShares Emerging Markets Value Momentum ETF (UEVM)
- As of September 2026, VictoryShares Emerging Markets Value Momentum ETF UEVM 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 VictoryShares Emerging Markets Value Momentum ETF using these criteria to determine its compliance status.
- The Shariah compliance status of VictoryShares Emerging Markets Value Momentum 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 VictoryShares Emerging Markets Value Momentum ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
