Vanguard Wellington Fund ETF (VFVA) - Questionable
Vanguard Wellington Fund ETF (VFVA) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- ETF
- Industry
- Exchange-Traded Fund
- Result
- Doubtful
- Reason
- VFVA is an ETF. Individual stock screening does not apply to ETFs — review the fund's underlying holdings for Shariah compliance.
Financial Ratios
About Vanguard Wellington Fund ETF
The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in U.S. value stocks.
Frequently Asked Questions
Is Vanguard Wellington Fund ETF (VFVA) stock halal to invest in?
According to AAOIFI Shariah screening standards, Vanguard Wellington Fund ETF (VFVA) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does Vanguard Wellington Fund ETF have any interest income?
Interest income data for Vanguard Wellington Fund ETF is factored into the financial ratio screening under AAOIFI standards.
What guidelines are used to determine if VFVA stock is Shariah-compliant?
VFVA is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Vanguard Wellington Fund ETF stock reviewed for Shariah compliance?
Vanguard Wellington Fund ETF's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.

