Is Burney U.S. Factor Rotation ETF halal to invest in?

As of September 2026, Burney U.S. Factor Rotation ETF BRNY 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 Burney U.S. Factor Rotation 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 Burney U.S. Factor Rotation ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Burney U.S. Factor Rotation ETF updated?

The Shariah compliance status of Burney U.S. Factor Rotation 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 Burney U.S. Factor Rotation 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 Burney U.S. Factor Rotation ETF?

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

Burney U.S. Factor Rotation ETF BRNY

BRNY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Burney U.S. Factor Rotation ETF is classified as not halal.

NOT HALAL

Is Burney U.S. Factor Rotation ETF Halal?

Shariah Compliance Analysis of BRNY ETF

US Equity Total Market

No. As of September 2026, Burney U.S. Factor Rotation ETF (BRNY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Burney U.S. Factor Rotation ETF does not pass Musaffa's business and financial screening criteria.

BRNY was created on 2022-10-13 by Burney. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 488.05m in AUM and 69 holdings. BRNY is an actively managed fund that shifts US equity exposure between size and style perceived to be advantageous for the given market phase. Individual securities are selected based on a proprietary quantitative model, using a multi-factor approach.

Burney U.S. Factor Rotation ETF (BRNY) Chart

Key Statistics of Burney U.S. Factor Rotation ETF (BRNY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
26.75%
Industrials
13.96%
Health Care
13.27%
Financials
13.17%
Consumer Discretionary
11.90%
Communication Services
10.11%
Consumer Staples
3.60%
Real Estate
3.32%
Materials
1.46%
Utilities
1.22%
Energy
1.07%
Other
0.17%

FAQ's for Burney U.S. Factor Rotation ETF (BRNY)

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