Is Tema Oncology ETF halal to invest in?

As of September 2026, Tema Oncology ETF CANC is classified as doubtful 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 Tema Oncology 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 Tema Oncology ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Tema Oncology ETF updated?

The Shariah compliance status of Tema Oncology 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 Tema Oncology 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 Tema Oncology ETF?

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

Tema Oncology ETF CANC

CANC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Tema Oncology ETF is classified as doubtful.

DOUBTFUL

Is Tema Oncology ETF Halal?

Shariah Compliance Analysis of CANC ETF

US Equity Health Care

No. As of September 2026, Tema Oncology ETF (CANC) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Tema Oncology ETF does not fully pass Musaffa's business and financial screening criteria.

CANC was created on 2023-08-15 by Tema. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 115.24m in AUM and 56 holdings. CANC is actively managed, investing in stocks of companies focused on cancer treatment and management from issuers all around the world. The fund uses a bottom-up approach to select pioneering companies at perceived attractive valuations.

Tema Oncology ETF (CANC) Chart

Key Statistics of Tema Oncology ETF (CANC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
90.89%
Other
9.11%

FAQ's for Tema Oncology ETF (CANC)

As of September 2026, Tema Oncology ETF CANC is classified as doubtful 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 Tema Oncology ETF using these criteria to determine its compliance status.
The Shariah compliance status of Tema Oncology 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 Tema Oncology ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.