Is Bastion Energy ETF halal to invest in?

As of September 2026, Bastion Energy ETF BESF 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 Bastion Energy 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 Bastion Energy ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Bastion Energy ETF updated?

The Shariah compliance status of Bastion Energy 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 Bastion Energy 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 Bastion Energy ETF?

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

Bastion Energy ETF BESF

BESF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Bastion Energy ETF is classified as not halal.

NOT HALAL

Is Bastion Energy ETF Halal?

Shariah Compliance Analysis of BESF ETF

US Equity Energy

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

BESF was created on 2025-06-03 by Bastion. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 25.97m in AUM and 23 holdings. BESF seeks long-term capital appreciation through active management of a narrow portfolio of US energy stocks. The fund aims to focus on well-managed, undervalued companies.

Bastion Energy ETF (BESF) Chart

Key Statistics of Bastion Energy ETF (BESF)

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FAQ's for Bastion Energy ETF (BESF)

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