REX Bitcoin Corporate Treasury Convertible Bond ETF BMAX
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us
BMAX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, REX Bitcoin Corporate Treasury Convertible Bond ETF is classified as not halal.
NOT HALAL
Is REX Bitcoin Corporate Treasury Convertible Bond ETF Halal?
Shariah Compliance Analysis of BMAX ETF
US Fixed Income Broad Credit No. As of September 2026, REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. REX Bitcoin Corporate Treasury Convertible Bond ETF does not pass Musaffa's business and financial screening criteria.
BMAX was created on 2025-03-14 by REX Shares. The fund's investment portfolio concentrates primarily on broad credit fixed income. BMAX structured as a C-Corp, invests in OTC convertible bonds issued by US public companies that hold bitcoin on their balance sheets. The fund aims for total return, without limitations on credit quality or duration. The fund is registered as actively managed.
REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) Chart
Key Statistics of REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-FAQ's for REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX)
- As of September 2026, REX Bitcoin Corporate Treasury Convertible Bond ETF BMAX 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 REX Bitcoin Corporate Treasury Convertible Bond ETF using these criteria to determine its compliance status.
- The Shariah compliance status of REX Bitcoin Corporate Treasury Convertible Bond 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 REX Bitcoin Corporate Treasury Convertible Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.