Is Emles Made in America ETF halal to invest in?

As of September 2026, Emles Made in America ETF AMER is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Emles Made in America ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Emles Made in America ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Emles Made in America ETF updated?

The Shariah compliance status of Emles Made in America ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Emles Made in America ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Emles Made in America ETF?

You can check the latest Shariah compliance status of Emles Made in America ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Emles Made in America ETF AMER

AMER Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Emles Made in America ETF is classified as not halal.

NOT HALAL

Is Emles Made in America ETF Halal?

Shariah Compliance Analysis of AMER ETF

US Equity Total Market

No. As of September 2026, Emles Made in America ETF (AMER) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Emles Made in America ETF does not pass Musaffa's business and financial screening criteria.

AMER was created on 2020-10-15 by Emles. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1.34m in AUM and 61 holdings. AMER tracks a market-cap-weighted index of fundamentally-selected, US-headquartered companies that are focused on manufacturing of goods within North America.

Emles Made in America ETF (AMER) Chart

Key Statistics of Emles Made in America ETF (AMER)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Staples
40.86%
Industrials
28.30%
Materials
24.55%
Consumer Discretionary
4.03%
Health Care
2.26%

FAQ's for Emles Made in America ETF (AMER)

As of September 2026, Emles Made in America ETF AMER is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Emles Made in America ETF using these criteria to determine its compliance status.
The Shariah compliance status of Emles Made in America ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Emles Made in America ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.