Is Clough Select Equity ETF halal to invest in?

As of September 2026, Clough Select Equity ETF CBSE 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 Clough Select Equity 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 Clough Select Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Clough Select Equity ETF updated?

The Shariah compliance status of Clough Select Equity 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 Clough Select Equity 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 Clough Select Equity ETF?

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

Clough Select Equity ETF CBSE

CBSE Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Clough Select Equity ETF Halal?

Shariah Compliance Analysis of CBSE ETF

US Equity Total Market

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

CBSE was created on 2020-11-13 by Clough. The fund's investment portfolio concentrates primarily on total market equity. CBSE is an actively managed, concentrated portfolio of US-listed stocks that appear fundamentally undervalued and have positive environmental, social and governance attributes as viewed by the fund adviser.

Clough Select Equity ETF (CBSE) Chart

Key Statistics of Clough Select Equity ETF (CBSE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
20.81%
Industrials
20.51%
Other
13.42%
Utilities
9.55%
Information Technology
9.14%
Materials
7.28%
Energy
6.98%
Health Care
5.43%
Financials
2.38%
Real Estate
2.25%
Communication Services
2.25%

FAQ's for Clough Select Equity ETF (CBSE)

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