Is Franklin U.S. Equity Index ETF halal to invest in?

As of September 2026, Franklin U.S. Equity Index ETF USPX 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 Franklin U.S. Equity Index 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 Franklin U.S. Equity Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Franklin U.S. Equity Index ETF updated?

The Shariah compliance status of Franklin U.S. Equity Index 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 Franklin U.S. Equity Index 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 Franklin U.S. Equity Index ETF?

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

Franklin U.S. Equity Index ETF USPX

USPX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Franklin U.S. Equity Index ETF is classified as not halal.

NOT HALAL

Is Franklin U.S. Equity Index ETF Halal?

Shariah Compliance Analysis of USPX ETF

US Equity Total Market

No. As of September 2026, Franklin U.S. Equity Index ETF (USPX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Franklin U.S. Equity Index ETF does not pass Musaffa's business and financial screening criteria.

USPX was created on 2016-06-01 by Franklin. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1671.33m in AUM and 493 holdings. USPX tracks an index of large- and mid-cap US equities, selected and weighted by market cap.

Franklin U.S. Equity Index ETF (USPX) Chart

Key Statistics of Franklin U.S. Equity Index ETF (USPX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
26.69%
Health Care
14.99%
Consumer Discretionary
10.38%
Financials
10.16%
Industrials
8.39%
Consumer Staples
6.74%
Communication Services
5.76%
Energy
5.10%
Other
3.50%
Utilities
2.91%
Materials
2.69%
Real Estate
2.69%

FAQ's for Franklin U.S. Equity Index ETF (USPX)

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