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Siren ETF Trust Siren Nasdaq NexGen Economy ETF BLCN
BLCN Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Siren ETF Trust Siren Nasdaq NexGen Economy ETF is classified as not halal.
NOT HALAL
Is Siren ETF Trust Siren Nasdaq NexGen Economy ETF Halal?
Shariah Compliance Analysis of BLCN ETF
No. As of September 2026, Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Siren ETF Trust Siren Nasdaq NexGen Economy ETF does not pass Musaffa's business and financial screening criteria.
BLCN was created on 2018-01-17 by Siren. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 38.18m in AUM and 55 holdings. BLCN tracks an index of global companies involved in developing, researching, or using blockchain technologies.
Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) Chart
Key Statistics of Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Information Technology47.20%
- Financials27.41%
- Other12.76%
- Communication Services5.37%
- Consumer Discretionary4.86%
- Consumer Staples1.56%
- Industrials0.84%
FAQ's for Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN)
- As of September 2026, Siren ETF Trust Siren Nasdaq NexGen Economy ETF BLCN 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 Siren ETF Trust Siren Nasdaq NexGen Economy ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Siren ETF Trust Siren Nasdaq NexGen Economy 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 Siren ETF Trust Siren Nasdaq NexGen Economy ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
