Musaffa Logo
Virtus Reaves Utilities ETF UTES

Is Virtus Reaves Utilities ETF Halal?

Shariah Compliance Analysis of UTES ETF

No. As of October 2026, Virtus Reaves Utilities ETF (UTES) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

UTES was created on 2015-09-23 by Virtus. The fund's investment portfolio concentrates primarily on utilities equity. UTES is an actively managed ETF that holds US utility stocks. UTES' managers aim to outperform the sector by selecting and weighting stocks based on fundamental, growth and risk metrics.

UTES Shariah Compliance

As of October 2026, Virtus Reaves Utilities ETF is classified as not halal.

NOT HALAL

Virtus Reaves Utilities ETF (UTES) Chart

Fetching Price Chart...