Is Franklin ClearBridge Enhanced Income ETF halal to invest in?

As of September 2026, Franklin ClearBridge Enhanced Income ETF YLDE 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 ClearBridge Enhanced Income 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 ClearBridge Enhanced Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Franklin ClearBridge Enhanced Income ETF updated?

The Shariah compliance status of Franklin ClearBridge Enhanced Income 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 ClearBridge Enhanced Income 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 ClearBridge Enhanced Income ETF?

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

Franklin ClearBridge Enhanced Income ETF YLDE

YLDE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Franklin ClearBridge Enhanced Income ETF is classified as not halal.

NOT HALAL

Is Franklin ClearBridge Enhanced Income ETF Halal?

Shariah Compliance Analysis of YLDE ETF

US Equity Total Market

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

YLDE was created on 2017-05-22 by Franklin. The fund's investment portfolio concentrates primarily on total market equity. YLDE seeks income and long-term capital appreciation through an actively managed portfolio of global dividend-paying stocks while utilizing an options overlay based on US large-cap equity indices. The fund may invest in firms of any market capitalization but focuses on large-cap stocks.

Franklin ClearBridge Enhanced Income ETF (YLDE) Chart

Key Statistics of Franklin ClearBridge Enhanced Income ETF (YLDE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
16.30%
Information Technology
15.32%
Health Care
11.04%
Materials
9.44%
Other
7.55%
Consumer Staples
7.51%
Energy
7.16%
Utilities
6.64%
Industrials
6.16%
Communication Services
4.61%
Consumer Discretionary
4.36%
Real Estate
3.91%

FAQ's for Franklin ClearBridge Enhanced Income ETF (YLDE)

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