Is Franklin Exponential Data ETF halal to invest in?

As of September 2026, Franklin Exponential Data ETF XDAT 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 Franklin Exponential Data 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 Franklin Exponential Data ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Franklin Exponential Data ETF updated?

The Shariah compliance status of Franklin Exponential Data 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 Franklin Exponential Data 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 Franklin Exponential Data ETF?

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

Franklin Exponential Data ETF XDAT

XDAT Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Franklin Exponential Data ETF is classified as not halal.

NOT HALAL

Is Franklin Exponential Data ETF Halal?

Shariah Compliance Analysis of XDAT ETF

US Equity Information Technology

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

XDAT was created on 2021-01-12 by Franklin. The fund's investment portfolio concentrates primarily on information technology equity. XDAT is actively-managed to invest in global companies believed to benefit from or facilitate Big Data and its applications such as AI, augmented and virtual reality, software-as-a-service, and personalized advertising and healthcare.

Franklin Exponential Data ETF (XDAT) Chart

Key Statistics of Franklin Exponential Data ETF (XDAT)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
67.50%
Communication Services
16.11%
Real Estate
6.69%
Financials
6.18%
Other
2.07%
Industrials
1.45%

FAQ's for Franklin Exponential Data ETF (XDAT)

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