Is Counterpoint Quantitative Equity ETF halal to invest in?

As of September 2026, Counterpoint Quantitative Equity ETF CPAI 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 Counterpoint Quantitative 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 Counterpoint Quantitative Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Counterpoint Quantitative Equity ETF updated?

The Shariah compliance status of Counterpoint Quantitative 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 Counterpoint Quantitative 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 Counterpoint Quantitative Equity ETF?

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

Counterpoint Quantitative Equity ETF CPAI

CPAI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Counterpoint Quantitative Equity ETF is classified as not halal.

NOT HALAL

Is Counterpoint Quantitative Equity ETF Halal?

Shariah Compliance Analysis of CPAI ETF

US Equity Total Market

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

CPAI was created on 2023-11-28 by Counterpoint. The fund's investment portfolio concentrates primarily on total market equity. CPAI is actively managed, seeking long-term capital appreciation through a quantitative, model-based approach to select US stocks of any market capitalization.

Counterpoint Quantitative Equity ETF (CPAI) Chart

Key Statistics of Counterpoint Quantitative Equity ETF (CPAI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
20.35%
Information Technology
19.14%
Consumer Staples
11.45%
Health Care
11.00%
Communication Services
9.86%
Financials
8.81%
Energy
7.49%
Consumer Discretionary
7.22%
Materials
2.44%
Utilities
1.98%
Other
0.26%

FAQ's for Counterpoint Quantitative Equity ETF (CPAI)

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