VTI

Vanguard Total Stock Market ETF

DOUBTFUL — DATA INCOMPLETEetf

Is VTI Halal?

Total market ETF — includes all stocks, haram and halal.

What You Should Know

VTI tracks the entire U.S. stock market. Its March 2026 N-PORT reports $1,993,489.486 million of total assets, but does not provide a complete fund-level debt, cash, receivables or prohibited-income statement. The holdings schedule includes conventional banks, alcohol, tobacco, casinos, entertainment and defense exposure, so the existing qualitative concern remains and the overall screen is FAIL.

⚠️ Concerns

  • Very broad exposure to conventional financial services
  • Alcohol, tobacco and casino holdings
  • Defense and entertainment exposure
  • No universal look-through revenue numerator

Current quantitative Sharia screen

Based on Form N-PORT-P figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
0.00%Within limit
Below 33.333% under FTSE Yasaar

0 / 1,993,489.486

Cash + interest-bearing securities / assets
0.00%Within limit
Below 33.333% under FTSE Yasaar

0 / 1,993,489.486

Receivables + cash / assets
0.00%Within limit
Below 50% under FTSE Yasaar

0 / 1,993,489.486

FTSE Yasaar
v4.6, February 2026
Financial
Incomplete
Overall
Incomplete

The N-PORT supplies the total-asset denominator but not complete fund-level debt, liquidity, receivables or non-compliant-income lines; the underlying portfolio requires look-through activity review.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Reported fund-level proxy ratios are 0.00% debt, 0.00% liquidity and 0.00% receivables-plus-cash, but unreported lines and the underlying mixed portfolio prevent a Sharia classification.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Reported fund-level proxy debt and liquidity ratios are 0.00%; the N-PORT does not supply a universal activity numerator and the portfolio remains qualitatively incomplete.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A licensed historical look-through market-cap series is not stored; market-cap methodology cannot replace issuer-level activity review.

Business-activity disclosure

VTI is a broad total-market pass-through ETF. Its March 2026 holdings span conventional financial institutions, alcohol and tobacco companies, casinos, entertainment and defense exposure; the fund is not Sharia-screened.

Limitation: The N-PORT lists holdings and market values but does not allocate every issuer's revenue into a school-neutral prohibited-activity numerator.

Purification

VTI passes through dividends from underlying issuers and the N-PORT does not provide a scholar-approved prohibited-income allocation; ZakatInvest does not invent a purification percentage.

Inputs, assumptions and primary sources
  • The March 31, 2026 N-PORT reports total assets of $1,993,489.486 million, total liabilities of $1,798.274 million and net assets of $1,991,691.212 million.
  • The N-PORT schedule does not provide a complete fund-level cash, receivables, interest-bearing-debt or operating-revenue statement; zeroes are placeholders for unreported lines and are not evidence of a quantitative pass.
  • VTI is a total U.S. stock-market pass-through portfolio and includes conventional banks, alcohol, tobacco, casinos, entertainment and defense exposure; no universal underlying prohibited-revenue numerator is reported.
  • Fund-level look-through ratios are not an official FTSE, MSCI or Malaysia classification.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

🧾
Own VTI? Purify your portfolio.
Per-holding purification amounts, zakat on your shares, and halal alternatives for flagged holdings — a personalized report prepared for you within 48 hours.
Order Your Report — $49 →
Track VTI and 30,000+ stocks' live compliance status with Islamicly — 50% off with code ZAKAT50.Get Islamicly →

Want to screen more assets?

Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.

Go to Halal Checker →