As of September 2026, Volshares Large Cap ETF is classified as not halal.
NOT HALAL
Is Volshares Large Cap ETF Halal?
Shariah Compliance Analysis of VSL ETF
US Equity Large Cap
No. As of September 2026, Volshares Large Cap ETF (VSL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Volshares Large Cap ETF does not pass Musaffa's business and financial screening criteria.
VSL was created on 2018-02-23 by Volshares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 3.55m in AUM and 27 holdings. VSL tracks an equal-weighted index of US large-cap equities determined to have the best probability of short-term appreciation. The fund is rebalanced weekly.
Volshares Large Cap ETF (VSL) Chart
Key Statistics of Volshares Large Cap ETF (VSL)
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FAQ's for Volshares Large Cap ETF (VSL)
As of September 2026, Volshares Large Cap ETF VSL 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 Volshares Large Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of Volshares Large Cap 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 Volshares Large Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.