Is B.A.D. ETF halal to invest in?

As of September 2026, B.A.D. ETF BAD 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 B.A.D. 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 B.A.D. ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for B.A.D. ETF updated?

The Shariah compliance status of B.A.D. 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 B.A.D. 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 B.A.D. ETF?

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

B.A.D. ETF BAD

BAD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, B.A.D. ETF is classified as not halal.

NOT HALAL

Is B.A.D. ETF Halal?

Shariah Compliance Analysis of BAD ETF

US Equity Theme

No. As of September 2026, B.A.D. ETF (BAD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. B.A.D. ETF does not pass Musaffa's business and financial screening criteria.

BAD was created on 2021-12-22 by The BAD Investment Company. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 9.29m in AUM and 56 holdings. BAD tracks a modified equal-weighted index of US-listed companies engaged in betting, alcohol, cannabis, and drugs.

B.A.D. ETF (BAD) Chart

Key Statistics of B.A.D. ETF (BAD)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
31.92%
Health Care
30.58%
Other
22.58%
Consumer Staples
14.92%

FAQ's for B.A.D. ETF (BAD)

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