VanEck Digital Transformation ETF

DAPP: Is VanEck Digital Transformation ETF Halal?

VanEck Digital Transformation ETF

NASDAQFinancial ServicesUS

$17.76

-0.39%

Market Cap: 255.5M

Compliance Status

Not Halal

Screened on Aug 16, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is VanEck Digital Transformation ETF (DAPP) halal? Not Halal. Based on AAOIFI screening, VanEck Digital Transformation ETF has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

38.1% of 5.0% limit

79% of the basket's holdings were screened individually.

About VanEck Digital Transformation ETF

VanEck ETF Trust - VanEck Digital Transformation ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. The fund invests in the public equity markets of global region. It invests in stocks of companies operating across information technology, software and services, IT services, data processing and outsourced services, internet merchant services, payment service providers and gateways, digital asset exchanges, engage in and/or assist with the digital asset mining operations, provide software services, equipment and technology or services to digital asset operations, operate digital asset infrastructure businesses, or facilitate commerce with the use of digital assets, own a material amount of digital assets or otherwise generate revenues related to digital asset projects sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the MVIS Global Digital Assets Equity Index, by using full replication technique. VanEck ETF Trust - VanEck Digital Transformation ETF was formed on April 12, 2021 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 16, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Basket-weighted haram holdings exceed 5% (38.1%)

Basket Composition

79% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

50%
38%
12%
Halal50%
Doubtful0%
Not Halal38%
Unknown12%
Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is VanEck Digital Transformation ETF (DAPP) halal to invest in?
VanEck Digital Transformation ETF (DAPP) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did VanEck Digital Transformation ETF get a F compliance rating?
VanEck Digital Transformation ETF's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change VanEck Digital Transformation ETF's Shariah verdict?
VanEck Digital Transformation ETF's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is VanEck Digital Transformation ETF re-screened for Shariah compliance?
VanEck Digital Transformation ETF (DAPP) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 16, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.