As of September 2026, Bluemonte Dynamic Total Market ETF is classified as not halal.
NOT HALAL
Is Bluemonte Dynamic Total Market ETF Halal?
Shariah Compliance Analysis of BLUX ETF
US Equity Total Market
No. As of September 2026, Bluemonte Dynamic Total Market ETF (BLUX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Bluemonte Dynamic Total Market ETF does not pass Musaffa's business and financial screening criteria.
BLUX was created on 2025-06-23 by Bluemonte. The fund's investment portfolio concentrates primarily on total market equity. BLUX is a fund-of-funds with broad exposure to the US equity total market. It is an actively managed portfolio utilizing a top-down and bottom-up approach to security selection.
Bluemonte Dynamic Total Market ETF (BLUX) Chart
Key Statistics of Bluemonte Dynamic Total Market ETF (BLUX)
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FAQ's for Bluemonte Dynamic Total Market ETF (BLUX)
As of September 2026, Bluemonte Dynamic Total Market ETF BLUX 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 Bluemonte Dynamic Total Market ETF using these criteria to determine its compliance status.
The Shariah compliance status of Bluemonte Dynamic Total Market 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 Bluemonte Dynamic Total Market ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.