Is Amplify Seymour Cannabis ETF halal to invest in?

As of September 2026, Amplify Seymour Cannabis ETF CNBS 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 Amplify Seymour Cannabis 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 Amplify Seymour Cannabis ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Amplify Seymour Cannabis ETF updated?

The Shariah compliance status of Amplify Seymour Cannabis 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 Amplify Seymour Cannabis 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 Amplify Seymour Cannabis ETF?

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

Amplify Seymour Cannabis ETF CNBS

CNBS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Amplify Seymour Cannabis ETF is classified as not halal.

NOT HALAL

Is Amplify Seymour Cannabis ETF Halal?

Shariah Compliance Analysis of CNBS ETF

US Equity Theme

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

CNBS was created on 2019-07-23 by Amplify. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 106.3m in AUM and 25 holdings. CNBS is an actively managed portfolio of US stocks related to cannabis and hemp. The fund also invests in derivatives with similar characteristics.

Amplify Seymour Cannabis ETF (CNBS) Chart

Key Statistics of Amplify Seymour Cannabis ETF (CNBS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
53.88%
Health Care
25.14%
Real Estate
7.60%
Financials
4.41%
Information Technology
3.59%
Consumer Discretionary
3.29%
Consumer Staples
1.73%
Industrials
0.36%

FAQ's for Amplify Seymour Cannabis ETF (CNBS)

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