Is Uncommon Portfolio Design Core Equity ETF halal to invest in?

As of September 2026, Uncommon Portfolio Design Core Equity ETF UGCE 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 Uncommon Portfolio Design Core Equity 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 Uncommon Portfolio Design Core Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Uncommon Portfolio Design Core Equity ETF updated?

The Shariah compliance status of Uncommon Portfolio Design Core Equity 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 Uncommon Portfolio Design Core Equity 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 Uncommon Portfolio Design Core Equity ETF?

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

Uncommon Portfolio Design Core Equity ETF UGCE

UGCE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Uncommon Portfolio Design Core Equity ETF is classified as not halal.

NOT HALAL

Is Uncommon Portfolio Design Core Equity ETF Halal?

Shariah Compliance Analysis of UGCE ETF

US Equity Total Market

No. As of September 2026, Uncommon Portfolio Design Core Equity ETF (UGCE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Uncommon Portfolio Design Core Equity ETF does not pass Musaffa's business and financial screening criteria.

UGCE was created on 2021-04-16 by Uncommon. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 16.87m in AUM and 33 holdings. UGCE is an actively managed fund that aims to outperform the S&P 500 by combining both a value and growth approach in selecting US equities.

Uncommon Portfolio Design Core Equity ETF (UGCE) Chart

Key Statistics of Uncommon Portfolio Design Core Equity ETF (UGCE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
21.54%
Health Care
19.19%
Consumer Discretionary
13.43%
Financials
9.60%
Industrials
7.38%
Communication Services
7.28%
Energy
7.04%
Consumer Staples
5.93%
Other
5.67%
Utilities
2.94%

FAQ's for Uncommon Portfolio Design Core Equity ETF (UGCE)

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