Is CoreValues Alpha Greater China Growth ETF halal to invest in?

As of September 2026, CoreValues Alpha Greater China Growth ETF CGRO 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 CoreValues Alpha Greater China 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 CoreValues Alpha Greater China Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CoreValues Alpha Greater China Growth ETF updated?

The Shariah compliance status of CoreValues Alpha Greater China 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 CoreValues Alpha Greater China 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 CoreValues Alpha Greater China Growth ETF?

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

CoreValues Alpha Greater China Growth ETF CGRO

CGRO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CoreValues Alpha Greater China Growth ETF is classified as not halal.

NOT HALAL

Is CoreValues Alpha Greater China Growth ETF Halal?

Shariah Compliance Analysis of CGRO ETF

US Equity Total Market

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

CGRO was created on 2023-10-16 by CoreValues Alpha. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 2.07m in AUM and 33 holdings. CGRO seeks long-term capital appreciation by actively investing in 30 to 40 Chinese companies operating in high-growth sectors. The portfolio is constructed using core values approach that considers US national security, American values, and national interests.

CoreValues Alpha Greater China Growth ETF (CGRO) Chart

Key Statistics of CoreValues Alpha Greater China Growth ETF (CGRO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
29.36%
Other
23.18%
Communication Services
18.28%
Information Technology
14.18%
Industrials
9.79%
Consumer Staples
4.25%
Financials
0.96%

FAQ's for CoreValues Alpha Greater China Growth ETF (CGRO)

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