Is Roundhill S&P 500 No Dividend Target ETF halal to invest in?

As of October 2026, Roundhill S&P 500 No Dividend Target ETF XDIV 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 Roundhill S&P 500 No Dividend Target 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 Roundhill S&P 500 No Dividend Target ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Roundhill S&P 500 No Dividend Target ETF updated?

The Shariah compliance status of Roundhill S&P 500 No Dividend Target 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 Roundhill S&P 500 No Dividend Target 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 Roundhill S&P 500 No Dividend Target ETF?

You can check the latest Shariah compliance status of Roundhill S&P 500 No Dividend Target ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

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Roundhill S&P 500 No Dividend Target ETF XDIV

Is Roundhill S&P 500 No Dividend Target ETF Halal?

Shariah Compliance Analysis of XDIV ETF

No. As of October 2026, Roundhill S&P 500 No Dividend Target ETF (XDIV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XDIV was created on 2025-07-10 by Roundhill. The fund's investment portfolio concentrates primarily on large cap equity. XDIV is an actively managed fund of funds that seeks to provide exposure to the US large-cap space through investing in S&P 500 ETFs. This fund specifically targets investors who prefer not to receive dividend or distribution payments.

XDIV Shariah Compliance

As of October 2026, Roundhill S&P 500 No Dividend Target ETF is classified as not halal.

NOT HALAL

Roundhill S&P 500 No Dividend Target ETF (XDIV) Chart

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