As of July 2026, Schwab US Dividend Equity ETF is classified as not halal.
NOT HALAL
Schwab US Dividend Equity ETF. Analysis SCHD
US Equity High Dividend Yield
SCHD was created on 2011-10-20 by Schwab. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 71745.83m in AUM and 101 holdings. SCHD tracks a market-cap-weighted index of 100 dividend-paying US equities.
Key Statistics of Schwab US Dividend Equity ETF (SCHD)
Today's Open
-
AUM
$74.43B
Avg. Volume
-
Expense Ratio
-
P/E Ratio
15.50
P/B Ratio
3.17
FAQ's for Schwab US Dividend Equity ETF (SCHD)
As of July 2026, Schwab US Dividend Equity ETF SCHD 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 Schwab US Dividend Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of Schwab US Dividend Equity 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 Schwab US Dividend Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
US Equity High Dividend Yield 
