What is Fundrise Innovation Fund, LLC's Shariah compliance score?

Fundrise Innovation Fund, LLC's (VCX) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Fundrise Innovation Fund, LLC pass AAOIFI screening?

Fundrise Innovation Fund, LLC (VCX) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (VCX: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Fundrise Innovation Fund, LLC stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Fundrise Innovation Fund, LLC (VCX) using the latest financial data.

Where can I screen Fundrise Innovation Fund, LLC for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Fundrise Innovation Fund, LLC (VCX) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about VCX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

VCX: Is Fundrise Innovation Fund, LLC Halal?

Fundrise Innovation Fund, LLC

NYSEFinancial ServicesUS

$44.44

-0.40%

Market Cap: 2.0B

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Fundrise Innovation Fund, LLC (VCX) halal? Not Halal. Based on AAOIFI screening, Fundrise Innovation Fund, LLC 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.

16.0% of 5.0% limit

16% of the basket's holdings were screened individually.

About Fundrise Innovation Fund, LLC

Fundrise Growth Tech Fund, LLC is a venture capital fund specializing in directly investing. The fund seeks to invest in middle, late and growth stage of investments. The Fund focuses on Technology sector with focus advertising (AdTech); sales and marketing technology; media; biotechnology (BioTech); health care equipment and supplies; health care technology; pharmaceuticals; artificial intelligence; data and analytics; design tech; education technology (EdTech); financial services technology (FinTech); real estate technology (PropTech); gaming; internet services; manufacturing technology; entertainment; mapping; payments; privacy & security; science and engineering; energy and sustainability technology; energy equipment and services; technology hardware, storage and peripherals; software; electronic equipment, instruments and components; communications equipment; semiconductors and semiconductor equipment; agriculture; transportation; commercial services and supplies; chemicals; synthetic materials; aerospace and defense; and nanotechnology.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 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% (16.0%)

Basket Composition

16% 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.

16%

84%

Halal0%

Doubtful0%

Not Halal16%

Unknown84%

Top Holdings

DBH1 LPUnknown10.68%Quiet OA Access LPUnknown9.52%SaxeCap Advisors VIII, LPUnknown8.31%JP Morgan U.S. Treasury Plus Money Market Fund, Capital SharesNot Halal5.64%HOF Capital AG Follow On, LLCUnknown5.31%8VC ANSE SPV, LPUnknown4.45%SP Private Investments XIII, LLCUnknown3.96%Databricks, Inc.Unknown3.43%AI Access 12, LLCUnknown2.95%HOF Capital AP Growth, LLCUnknown2.88%

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:

GLDA+

SPDR Gold Shares

$398.55

+0.17%

SLVA+

iShares Silver Trust

$57.44

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Free · No credit card required

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Frequently Asked Questions

Is Fundrise Innovation Fund, LLC (VCX) halal to invest in?

Fundrise Innovation Fund, LLC (VCX) 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 Fundrise Innovation Fund, LLC get a F compliance rating?

Fundrise Innovation Fund, LLC'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 Fundrise Innovation Fund, LLC's Shariah verdict?

Fundrise Innovation Fund, LLC'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 Fundrise Innovation Fund, LLC re-screened for Shariah compliance?

Fundrise Innovation Fund, LLC (VCX) 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 26, 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.