Is Vanguard U.S. Multifactor ETF halal to invest in?

As of September 2026, Vanguard U.S. Multifactor ETF VFMF 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 Vanguard U.S. Multifactor 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 Vanguard U.S. Multifactor ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Vanguard U.S. Multifactor ETF updated?

The Shariah compliance status of Vanguard U.S. Multifactor 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 Vanguard U.S. Multifactor 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 Vanguard U.S. Multifactor ETF?

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

Vanguard U.S. Multifactor ETF VFMF

VFMF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Vanguard U.S. Multifactor ETF is classified as not halal.

NOT HALAL

Is Vanguard U.S. Multifactor ETF Halal?

Shariah Compliance Analysis of VFMF ETF

US Equity Total Market

No. As of September 2026, Vanguard U.S. Multifactor ETF (VFMF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vanguard U.S. Multifactor ETF does not pass Musaffa's business and financial screening criteria.

VFMF was created on 2018-02-13 by Vanguard. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 463.87m in AUM and 558 holdings. VFMF is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors.

Vanguard U.S. Multifactor ETF (VFMF) Chart

Key Statistics of Vanguard U.S. Multifactor ETF (VFMF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
17.67%
Energy
16.03%
Financials
14.54%
Industrials
14.18%
Information Technology
14.01%
Health Care
9.39%
Consumer Staples
5.22%
Materials
4.17%
Communication Services
2.88%
Other
1.60%
Real Estate
0.31%

FAQ's for Vanguard U.S. Multifactor ETF (VFMF)

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