As of September 2026, ETFMG Sit Ultra Short ETF is classified as not halal.
NOT HALAL
Is ETFMG Sit Ultra Short ETF Halal?
Shariah Compliance Analysis of VALT ETF
US Fixed Income Investment Grade
No. As of September 2026, ETFMG Sit Ultra Short ETF (VALT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ETFMG Sit Ultra Short ETF does not pass Musaffa's business and financial screening criteria.
VALT was created on 2019-10-08 by ETF Managers Group. The fund's investment portfolio concentrates primarily on investment grade fixed income. VALT is an actively managed fund investing in high-quality, short-term USD-denominated debt securities.
ETFMG Sit Ultra Short ETF (VALT) Chart
Key Statistics of ETFMG Sit Ultra Short ETF (VALT)
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FAQ's for ETFMG Sit Ultra Short ETF (VALT)
As of September 2026, ETFMG Sit Ultra Short ETF VALT 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 ETFMG Sit Ultra Short ETF using these criteria to determine its compliance status.
The Shariah compliance status of ETFMG Sit Ultra Short 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 ETFMG Sit Ultra Short ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.