Is Hartford US Value ETF halal to invest in?

As of September 2026, Hartford US Value ETF VMAX 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 Hartford US 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 Hartford US Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Hartford US Value ETF updated?

The Shariah compliance status of Hartford US 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 Hartford US 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 Hartford US Value ETF?

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

Hartford US Value ETF VMAX

VMAX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Hartford US Value ETF is classified as not halal.

NOT HALAL

Is Hartford US Value ETF Halal?

Shariah Compliance Analysis of VMAX ETF

US Equity Large Cap

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

VMAX was created on 2023-12-06 by Hartford. The fund's investment portfolio concentrates primarily on large cap equity. VMAX tracks a multifactor index of US large-cap stocks with favorable value characteristics and comparatively lower market valuations. The index is designed to alleviate the concentration risk inherent in cap-weighted indices.

Hartford US Value ETF (VMAX) Chart

Key Statistics of Hartford US Value ETF (VMAX)

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FAQ's for Hartford US Value ETF (VMAX)

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