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ARK Space Exploration & Innovation ETF ARKX
ARKX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, ARK Space Exploration & Innovation ETF is classified as not halal.
NOT HALAL
Is ARK Space Exploration & Innovation ETF Halal?
Shariah Compliance Analysis of ARKX ETF
No. As of September 2026, ARK Space Exploration & Innovation ETF (ARKX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ARK Space Exploration & Innovation ETF does not pass Musaffa's business and financial screening criteria.
ARKX was created on 2021-03-30 by ARK. The fund's investment portfolio concentrates primarily on industrials equity. ARKX actively selects global companies engaged in space exploration and innovation. The fund seeks long-term capital growth.
ARK Space Exploration & Innovation ETF (ARKX) Chart
Key Statistics of ARK Space Exploration & Innovation ETF (ARKX)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Industrials48.94%
- Information Technology21.34%
- Other16.79%
- Communication Services9.20%
- Consumer Discretionary3.73%
FAQ's for ARK Space Exploration & Innovation ETF (ARKX)
- As of September 2026, ARK Space Exploration & Innovation ETF ARKX 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 ARK Space Exploration & Innovation ETF using these criteria to determine its compliance status.
- The Shariah compliance status of ARK Space Exploration & Innovation 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 ARK Space Exploration & Innovation ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
