As of September 2026, Horizon Landmark ETF is classified as not halal.
NOT HALAL
Is Horizon Landmark ETF Halal?
Shariah Compliance Analysis of BENJ ETF
US Fixed Income Investment Grade
No. As of September 2026, Horizon Landmark ETF (BENJ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Horizon Landmark ETF does not pass Musaffa's business and financial screening criteria.
BENJ was created on 2025-01-22 by Horizon. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 166.88m in AUM and 3 holdings. BENJ is an actively managed fund that holds ultra-short term US treasuries, combined with a variety of option strategies. The fund seeks to provide total return.
Horizon Landmark ETF (BENJ) Chart
Key Statistics of Horizon Landmark ETF (BENJ)
Today's Open
-
AUM
-
Avg. Volume
-
Expense Ratio
-
P/E Ratio
-
P/B Ratio
-
FAQ's for Horizon Landmark ETF (BENJ)
As of September 2026, Horizon Landmark ETF BENJ 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 Horizon Landmark ETF using these criteria to determine its compliance status.
The Shariah compliance status of Horizon Landmark 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 Horizon Landmark ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.