As of September 2026, Amana Growth ETF is classified as halal.
HALAL
Is Amana Growth ETF Halal?
Shariah Compliance Analysis of AMGR ETF
US Equity Total Market
Yes. As of September 2026, Amana Growth ETF (AMGR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Amana Growth ETF passes Musaffa's business and financial screening criteria.
AMGR was created on 2026-06-24 by Amana. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 6.89m in AUM and 30 holdings. AMGR actively invests in stocks globally that are consistent with Islamic principles, according to the adviser. The ETF seeks to provide a diversified portfolio, positioned for long-term capital growth.
Amana Growth ETF (AMGR) Chart
Key Statistics of Amana Growth ETF (AMGR)
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FAQ's for Amana Growth ETF (AMGR)
As of September 2026, Amana Growth ETF AMGR is classified as 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 Amana Growth ETF using these criteria to determine its compliance status.
The Shariah compliance status of Amana Growth 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 Amana Growth ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.