Is Franklin U.S. Dividend Booster Index ETF halal to invest in?

As of September 2026, Franklin U.S. Dividend Booster Index ETF XUDV 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 U.S. Dividend Booster Index 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 U.S. Dividend Booster Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Franklin U.S. Dividend Booster Index ETF updated?

The Shariah compliance status of Franklin U.S. Dividend Booster Index 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 U.S. Dividend Booster Index 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 U.S. Dividend Booster Index ETF?

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

Franklin U.S. Dividend Booster Index ETF XUDV

XUDV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Franklin U.S. Dividend Booster Index ETF is classified as not halal.

NOT HALAL

Is Franklin U.S. Dividend Booster Index ETF Halal?

Shariah Compliance Analysis of XUDV ETF

US Equity High Dividend Yield

No. As of September 2026, Franklin U.S. Dividend Booster Index ETF (XUDV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Franklin U.S. Dividend Booster Index ETF does not pass Musaffa's business and financial screening criteria.

XUDV was created on 2025-01-21 by Franklin. The fund's investment portfolio concentrates primarily on high dividend yield equity. XUDV tracks an index of US large-cap companies that employs an optimizer aimed to deliver high dividend yield balanced against volatility.

Franklin U.S. Dividend Booster Index ETF (XUDV) Chart

Key Statistics of Franklin U.S. Dividend Booster Index ETF (XUDV)

Today's Open

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FAQ's for Franklin U.S. Dividend Booster Index ETF (XUDV)

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