Is CastleArk Large Growth ETF halal to invest in?

As of September 2026, CastleArk Large Growth ETF CARK 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 CastleArk Large Growth 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 CastleArk Large Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CastleArk Large Growth ETF updated?

The Shariah compliance status of CastleArk Large Growth 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 CastleArk Large Growth 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 CastleArk Large Growth ETF?

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

CastleArk Large Growth ETF CARK

CARK Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CastleArk Large Growth ETF is classified as not halal.

NOT HALAL

Is CastleArk Large Growth ETF Halal?

Shariah Compliance Analysis of CARK ETF

US Equity Large Cap

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

CARK was created on 2023-12-06 by CastleArk. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 313.65m in AUM and 33 holdings. CARK is an actively managed fund of large-cap growth companies. Securities are selected using a mix of quantitative metrics and a bottom-up fundamental approach.

CastleArk Large Growth ETF (CARK) Chart

Key Statistics of CastleArk Large Growth ETF (CARK)

Today's Open

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FAQ's for CastleArk Large Growth ETF (CARK)

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