ETFMG Breakwave Sea Decarbonization Tech ETF BSEA
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
BSEA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, ETFMG Breakwave Sea Decarbonization Tech ETF is classified as not halal.
NOT HALAL
Is ETFMG Breakwave Sea Decarbonization Tech ETF Halal?
Shariah Compliance Analysis of BSEA ETF
US Equity Theme No. As of September 2026, ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ETFMG Breakwave Sea Decarbonization Tech ETF does not pass Musaffa's business and financial screening criteria.
BSEA was created on 2021-09-20 by ETF Managers Group. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 1.98m in AUM and 40 holdings. BSEA tracks an index of developed market companies that contribute to the development of technologies related to marine and ocean decarbonization. Holdings are equally-weighted within tiers.
ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA) Chart
Key Statistics of ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Industrials68.24%
- Energy19.20%
- Materials10.12%
- Other1.38%
- Utilities1.06%
FAQ's for ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA)
- As of September 2026, ETFMG Breakwave Sea Decarbonization Tech ETF BSEA 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 ETFMG Breakwave Sea Decarbonization Tech ETF using these criteria to determine its compliance status.
- The Shariah compliance status of ETFMG Breakwave Sea Decarbonization Tech 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 ETFMG Breakwave Sea Decarbonization Tech ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.