Is Vanguard S&P Small-Cap 600 Value ETF halal to invest in?

As of September 2026, Vanguard S&P Small-Cap 600 Value ETF VIOV 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 S&P Small-Cap 600 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 Vanguard S&P Small-Cap 600 Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Vanguard S&P Small-Cap 600 Value ETF updated?

The Shariah compliance status of Vanguard S&P Small-Cap 600 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 Vanguard S&P Small-Cap 600 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 Vanguard S&P Small-Cap 600 Value ETF?

You can check the latest Shariah compliance status of Vanguard S&P Small-Cap 600 Value ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Vanguard S&P Small-Cap 600 Value ETF VIOV

VIOV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Vanguard S&P Small-Cap 600 Value ETF is classified as not halal.

NOT HALAL

Is Vanguard S&P Small-Cap 600 Value ETF Halal?

Shariah Compliance Analysis of VIOV ETF

US Equity Small Cap

No. As of September 2026, Vanguard S&P Small-Cap 600 Value ETF (VIOV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vanguard S&P Small-Cap 600 Value ETF does not pass Musaffa's business and financial screening criteria.

VIOV was created on 2010-09-07 by Vanguard. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 1487.12m in AUM and 459 holdings. The fund tracks a market cap-weighted index of small-cap value companies selected from the S&P 600.

Vanguard S&P Small-Cap 600 Value ETF (VIOV) Chart

Key Statistics of Vanguard S&P Small-Cap 600 Value ETF (VIOV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
26.07%
Industrials
16.20%
Consumer Discretionary
12.25%
Information Technology
9.35%
Real Estate
9.30%
Health Care
8.94%
Materials
4.85%
Consumer Staples
3.73%
Energy
2.70%
Other
2.34%
Communication Services
2.28%
Utilities
1.99%

FAQ's for Vanguard S&P Small-Cap 600 Value ETF (VIOV)

As of September 2026, Vanguard S&P Small-Cap 600 Value ETF VIOV 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 S&P Small-Cap 600 Value ETF using these criteria to determine its compliance status.
The Shariah compliance status of Vanguard S&P Small-Cap 600 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 Vanguard S&P Small-Cap 600 Value ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.