Is Angel Oak UltraShort Income ETF halal to invest in?

As of September 2026, Angel Oak UltraShort Income ETF UYLD 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 Angel Oak UltraShort Income 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 Angel Oak UltraShort Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Angel Oak UltraShort Income ETF updated?

The Shariah compliance status of Angel Oak UltraShort Income 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 Angel Oak UltraShort Income 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 Angel Oak UltraShort Income ETF?

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

Angel Oak UltraShort Income ETF UYLD

UYLD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Angel Oak UltraShort Income ETF is classified as not halal.

NOT HALAL

Is Angel Oak UltraShort Income ETF Halal?

Shariah Compliance Analysis of UYLD ETF

US Fixed Income Broad Credit

No. As of September 2026, Angel Oak UltraShort Income ETF (UYLD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Angel Oak UltraShort Income ETF does not pass Musaffa's business and financial screening criteria.

UYLD was created on 2022-10-24 by Angel Oak. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 1230.72m in AUM and 409 holdings. UYLD actively invests in a broad portfolio of fixed income securities of various credit qualities. Selection is based on fundamental analysis and managed to provide a dollar-weighted average maturity of less than two years

Angel Oak UltraShort Income ETF (UYLD) Chart

Key Statistics of Angel Oak UltraShort Income ETF (UYLD)

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FAQ's for Angel Oak UltraShort Income ETF (UYLD)

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