Musaffa Logo
Clough Hedged Equity ETF CBLS

CBLS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Clough Hedged Equity ETF is classified as not halal.

NOT HALAL

Is Clough Hedged Equity ETF Halal?

Shariah Compliance Analysis of CBLS ETF

US Equity Total Market

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

Clough Hedged Equity ETF (CBLS) Chart

Key Statistics of Clough Hedged Equity ETF (CBLS)

Today's Open

-

AUM

-

Avg. Volume

-

Expense Ratio

-

P/E Ratio

-

P/B Ratio

-
Sector Exposure
  • Other
    22.12%
  • Industrials
    19.45%
  • Consumer Discretionary
    16.60%
  • Information Technology
    11.83%
  • Energy
    7.65%
  • Utilities
    6.64%
  • Materials
    6.07%
  • Consumer Staples
    4.81%
  • Health Care
    2.79%
  • Communication Services
    1.32%
  • Financials
    0.72%

FAQ's for Clough Hedged Equity ETF (CBLS)

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