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Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR WELW.DE
WELW.DE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR is classified as not halal.
NOT HALAL
Is Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR Halal?
Shariah Compliance Analysis of WELW.DE ETF
No. As of September 2026, Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR (WELW.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR does not pass Musaffa's business and financial screening criteria.
WELW.DE was created on 2022-09-20 by Amundi. The fund's investment portfolio concentrates primarily on consumer staples equity. The ETF currently has 198.28m in AUM and 68 holdings. MUNDI S&P GLOBAL CONSUMER STAPLES ESG UCITS ETF DR EUR (A) seeks to replicate, as closely as possible, the performance of S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Staples Index (Net Total return index). This ETF has exposure to large and mid-cap companies across developed countries
Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR (WELW.DE) Chart
Key Statistics of Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR (WELW.DE)
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-FAQ's for Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR (WELW.DE)
- As of September 2026, Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR WELW.DE 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 Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR using these criteria to determine its compliance status.
- The Shariah compliance status of Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR 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 Amundi S&P World Consumer Staples Screened UCITS ETF Accum Shs -DR- EUR on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
