Is Brendan Wood TopGun ETF halal to invest in?

As of September 2026, Brendan Wood TopGun ETF BWTG 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 Brendan Wood TopGun 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 Brendan Wood TopGun ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Brendan Wood TopGun ETF updated?

The Shariah compliance status of Brendan Wood TopGun 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 Brendan Wood TopGun 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 Brendan Wood TopGun ETF?

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

Brendan Wood TopGun ETF BWTG

BWTG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Brendan Wood TopGun ETF is classified as not halal.

NOT HALAL

Is Brendan Wood TopGun ETF Halal?

Shariah Compliance Analysis of BWTG ETF

US Equity Total Market

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

BWTG was created on 2023-11-09 by Brendan Wood. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 19.73m in AUM and 26 holdings. BWTG is actively managed to invest in a model portfolio of 25 large- and mid-cap US companies identified to have the highest quality ratings.

Brendan Wood TopGun ETF (BWTG) Chart

Key Statistics of Brendan Wood TopGun ETF (BWTG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
28.78%
Industrials
15.32%
Health Care
11.27%
Real Estate
10.89%
Information Technology
9.67%
Consumer Discretionary
7.90%
Other
7.55%
Consumer Staples
4.43%
Communication Services
4.19%

FAQ's for Brendan Wood TopGun ETF (BWTG)

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