Is Bitwise Web3 ETF halal to invest in?

As of September 2026, Bitwise Web3 ETF BWEB 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 Bitwise Web3 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 Bitwise Web3 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Bitwise Web3 ETF updated?

The Shariah compliance status of Bitwise Web3 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 Bitwise Web3 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 Bitwise Web3 ETF?

You can check the latest Shariah compliance status of Bitwise Web3 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Bitwise Web3 ETF BWEB

BWEB Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Bitwise Web3 ETF is classified as not halal.

NOT HALAL

Is Bitwise Web3 ETF Halal?

Shariah Compliance Analysis of BWEB ETF

US Equity Theme

No. As of September 2026, Bitwise Web3 ETF (BWEB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Bitwise Web3 ETF does not pass Musaffa's business and financial screening criteria.

BWEB was created on 2022-10-04 by Bitwise. The fund's investment portfolio concentrates primarily on theme equity. BWEB tracks a tier-weighted index of companies connected to the global Web 3.0 industry. The selection process is overseen by a committee.

Bitwise Web3 ETF (BWEB) Chart

Key Statistics of Bitwise Web3 ETF (BWEB)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
38.92%
Communication Services
25.47%
Financials
21.94%
Real Estate
7.23%
Other
3.35%
Energy
1.62%
Consumer Discretionary
1.47%

FAQ's for Bitwise Web3 ETF (BWEB)

As of September 2026, Bitwise Web3 ETF BWEB 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 Bitwise Web3 ETF using these criteria to determine its compliance status.
The Shariah compliance status of Bitwise Web3 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 Bitwise Web3 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.