As of July 2026, Franklin FTSE India ETF is classified as not halal.
NOT HALAL
Franklin FTSE India ETF. Analysis FLIN
US Equity Total Market
FLIN was created on 2018-02-06 by Franklin. The fund's investment portfolio concentrates primarily on total market equity. FLIN tracks a market cap-weighted index of large- and mid-cap Indian securities.
As of July 2026, Franklin FTSE India ETF FLIN 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 FTSE India ETF using these criteria to determine its compliance status.
The Shariah compliance status of Franklin FTSE India 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 FTSE India ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.