Is Aztlan Global Stock Selection DM SMID ETF halal to invest in?

As of September 2026, Aztlan Global Stock Selection DM SMID ETF AZTD 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 Aztlan Global Stock Selection DM SMID 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 Aztlan Global Stock Selection DM SMID ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Aztlan Global Stock Selection DM SMID ETF updated?

The Shariah compliance status of Aztlan Global Stock Selection DM SMID 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 Aztlan Global Stock Selection DM SMID 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 Aztlan Global Stock Selection DM SMID ETF?

You can check the latest Shariah compliance status of Aztlan Global Stock Selection DM SMID ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Aztlan Global Stock Selection DM SMID ETF AZTD

AZTD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Aztlan Global Stock Selection DM SMID ETF is classified as not halal.

NOT HALAL

Is Aztlan Global Stock Selection DM SMID ETF Halal?

Shariah Compliance Analysis of AZTD ETF

US Equity Extended Market

No. As of September 2026, Aztlan Global Stock Selection DM SMID ETF (AZTD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Aztlan Global Stock Selection DM SMID ETF does not pass Musaffa's business and financial screening criteria.

AZTD was created on 2022-08-17 by Aztlan . The fund's investment portfolio concentrates primarily on extended market equity. The ETF currently has 32.85m in AUM and 52 holdings. AZTD tracks an equal-weighted index of 27 mid- and small-cap stocks from developed markets, selected based on six factors: value, cashflow, capital structure, growth, EPS revisions, and price momentum.

Aztlan Global Stock Selection DM SMID ETF (AZTD) Chart

Key Statistics of Aztlan Global Stock Selection DM SMID ETF (AZTD)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
11.53%
Consumer Staples
11.27%
Health Care
11.27%
Information Technology
11.22%
Utilities
11.09%
Financials
11.04%
Consumer Discretionary
11.03%
Communication Services
10.81%
Materials
10.55%
Other
0.19%

FAQ's for Aztlan Global Stock Selection DM SMID ETF (AZTD)

As of September 2026, Aztlan Global Stock Selection DM SMID ETF AZTD 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 Aztlan Global Stock Selection DM SMID ETF using these criteria to determine its compliance status.
The Shariah compliance status of Aztlan Global Stock Selection DM SMID 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 Aztlan Global Stock Selection DM SMID ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.