Is First Trust Expanded Technology ETF halal to invest in?

As of September 2026, First Trust Expanded Technology ETF XPND 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 First Trust Expanded Technology 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 First Trust Expanded Technology ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Expanded Technology ETF updated?

The Shariah compliance status of First Trust Expanded Technology 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 First Trust Expanded Technology 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 First Trust Expanded Technology ETF?

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

First Trust Expanded Technology ETF XPND

XPND Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Expanded Technology ETF is classified as not halal.

NOT HALAL

Is First Trust Expanded Technology ETF Halal?

Shariah Compliance Analysis of XPND ETF

US Equity Theme

No. As of September 2026, First Trust Expanded Technology ETF (XPND) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Expanded Technology ETF does not pass Musaffa's business and financial screening criteria.

XPND was created on 2021-06-14 by First Trust. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 53.17m in AUM and 52 holdings. XPND actively invests in US stocks whose businesses are derived from or dependent on technology.

First Trust Expanded Technology ETF (XPND) Chart

Key Statistics of First Trust Expanded Technology ETF (XPND)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
69.81%
Communication Services
17.52%
Financials
12.35%
Other
0.32%

FAQ's for First Trust Expanded Technology ETF (XPND)

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