Is UVA Dividend Value ETF halal to invest in?

As of September 2026, UVA Dividend Value ETF UVDV 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 UVA Dividend Value 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 UVA Dividend Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for UVA Dividend Value ETF updated?

The Shariah compliance status of UVA Dividend Value 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 UVA Dividend Value 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 UVA Dividend Value ETF?

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

UVA Dividend Value ETF UVDV

UVDV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, UVA Dividend Value ETF is classified as not halal.

NOT HALAL

Is UVA Dividend Value ETF Halal?

Shariah Compliance Analysis of UVDV ETF

US Equity Total Market

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

UVDV was created on 2021-11-18 by UVA. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 17.63m in AUM and 54 holdings. UVDV is an actively managed fund that invests in dividend-paying value stocks from around the world.

UVA Dividend Value ETF (UVDV) Chart

Key Statistics of UVA Dividend Value ETF (UVDV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
42.78%
Industrials
12.02%
Consumer Staples
11.65%
Energy
8.18%
Information Technology
7.80%
Health Care
7.32%
Materials
3.46%
Consumer Discretionary
2.40%
Financials
1.93%
Communication Services
1.55%
Real Estate
0.91%

FAQ's for UVA Dividend Value ETF (UVDV)

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