Is SCHD (Schwab US Dividend Equity ETF) halal?

Q: Is SCHD (Schwab US Dividend Equity ETF) halal?

HARAM: Dividend-focused ETF with heavy financial sector exposure. SCHD focuses on high-dividend US stocks. Heavily weighted toward financial stocks (banks, insurance) which are haram. Not Sharia-screened.

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SCHD

Schwab US Dividend Equity ETF

HARAM

Score: 30/100

etf

Is SCHD Halal?

Dividend-focused ETF with heavy financial sector exposure.

What You Should Know

SCHD focuses on high-dividend US stocks. Heavily weighted toward financial stocks (banks, insurance) which are haram. Not Sharia-screened.

⚠️ Concerns

•High bank/financial exposure
•Insurance companies
•No Sharia screening

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