Is US Vegan Climate ETF halal to invest in?

As of September 2026, US Vegan Climate ETF VEGN 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 US Vegan Climate 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 US Vegan Climate ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for US Vegan Climate ETF updated?

The Shariah compliance status of US Vegan Climate 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 US Vegan Climate 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 US Vegan Climate ETF?

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

US Vegan Climate ETF VEGN

VEGN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, US Vegan Climate ETF is classified as not halal.

NOT HALAL

Is US Vegan Climate ETF Halal?

Shariah Compliance Analysis of VEGN ETF

US Equity Theme

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

VEGN was created on 2019-09-09 by FolioBeyond. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 139.15m in AUM and 269 holdings. VEGN seeks to track a principles-based index of U.S. equities weighted by market-cap.

US Vegan Climate ETF (VEGN) Chart

Key Statistics of US Vegan Climate ETF (VEGN)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
48.01%
Financials
16.76%
Industrials
8.00%
Consumer Discretionary
7.07%
Communication Services
6.72%
Health Care
6.56%
Real Estate
4.07%
Other
2.39%
Consumer Staples
0.16%
Utilities
0.13%
Materials
0.13%

FAQ's for US Vegan Climate ETF (VEGN)

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