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Burney U.S. Factor Rotation ETF BRNY

Is Burney U.S. Factor Rotation ETF Halal?

Shariah Compliance Analysis of BRNY ETF

No. As of October 2026, Burney U.S. Factor Rotation ETF (BRNY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

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.

BRNY Shariah Compliance

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

NOT HALAL

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

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