Is Bitwise Crypto Industry Innovators ETF halal to invest in?

As of September 2026, Bitwise Crypto Industry Innovators ETF BITQ 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 Bitwise Crypto Industry Innovators 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 Bitwise Crypto Industry Innovators ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Bitwise Crypto Industry Innovators ETF updated?

The Shariah compliance status of Bitwise Crypto Industry Innovators 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 Bitwise Crypto Industry Innovators 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 Bitwise Crypto Industry Innovators ETF?

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

Bitwise Crypto Industry Innovators ETF BITQ

BITQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Bitwise Crypto Industry Innovators ETF is classified as not halal.

NOT HALAL

Is Bitwise Crypto Industry Innovators ETF Halal?

Shariah Compliance Analysis of BITQ ETF

US Equity Theme

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

BITQ was created on 2021-05-11 by Bitwise. The fund's investment portfolio concentrates primarily on theme equity. BITQ is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy.

Bitwise Crypto Industry Innovators ETF (BITQ) Chart

Key Statistics of Bitwise Crypto Industry Innovators ETF (BITQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
67.48%
Financials
30.19%
Consumer Discretionary
2.05%
Other
0.28%

FAQ's for Bitwise Crypto Industry Innovators ETF (BITQ)

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