Is ProShares MSCI Transformational Changes ETF halal to invest in?

As of September 2026, ProShares MSCI Transformational Changes ETF ANEW 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 ProShares MSCI Transformational Changes 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 ProShares MSCI Transformational Changes ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares MSCI Transformational Changes ETF updated?

The Shariah compliance status of ProShares MSCI Transformational Changes 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 ProShares MSCI Transformational Changes 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 ProShares MSCI Transformational Changes ETF?

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

ProShares MSCI Transformational Changes ETF ANEW

ANEW Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares MSCI Transformational Changes ETF is classified as not halal.

NOT HALAL

Is ProShares MSCI Transformational Changes ETF Halal?

Shariah Compliance Analysis of ANEW ETF

US Equity Theme

No. As of September 2026, ProShares MSCI Transformational Changes ETF (ANEW) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares MSCI Transformational Changes ETF does not pass Musaffa's business and financial screening criteria.

ANEW was created on 2020-10-14 by ProShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 7.64m in AUM and 129 holdings. ANEW tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection.

ProShares MSCI Transformational Changes ETF (ANEW) Chart

Key Statistics of ProShares MSCI Transformational Changes ETF (ANEW)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
24.88%
Information Technology
23.33%
Communication Services
16.20%
Materials
10.00%
Consumer Discretionary
9.64%
Consumer Staples
5.93%
Industrials
4.22%
Financials
2.94%
Other
2.65%
Real Estate
0.21%

FAQ's for ProShares MSCI Transformational Changes ETF (ANEW)

As of September 2026, ProShares MSCI Transformational Changes ETF ANEW 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 ProShares MSCI Transformational Changes ETF using these criteria to determine its compliance status.
The Shariah compliance status of ProShares MSCI Transformational Changes 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 ProShares MSCI Transformational Changes ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.