Is Defiance Hotel Airline and Cruise ETF halal to invest in?

As of September 2026, Defiance Hotel Airline and Cruise ETF CRUZ 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 Defiance Hotel Airline and Cruise 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 Defiance Hotel Airline and Cruise ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Defiance Hotel Airline and Cruise ETF updated?

The Shariah compliance status of Defiance Hotel Airline and Cruise 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 Defiance Hotel Airline and Cruise 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 Defiance Hotel Airline and Cruise ETF?

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

Defiance Hotel Airline and Cruise ETF CRUZ

CRUZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Defiance Hotel Airline and Cruise ETF is classified as not halal.

NOT HALAL

Is Defiance Hotel Airline and Cruise ETF Halal?

Shariah Compliance Analysis of CRUZ ETF

US Equity Consumer Discretionary

No. As of September 2026, Defiance Hotel Airline and Cruise ETF (CRUZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Defiance Hotel Airline and Cruise ETF does not pass Musaffa's business and financial screening criteria.

CRUZ was created on 2021-06-03 by Defiance. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The ETF currently has 20.68m in AUM and 56 holdings. CRUZ tracks a modified market-cap-weighted index that gives global exposure to the airline, hotel and cruise industries.

Defiance Hotel Airline and Cruise ETF (CRUZ) Chart

Key Statistics of Defiance Hotel Airline and Cruise ETF (CRUZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
42.38%
Industrials
35.93%
Other
12.39%
Real Estate
9.30%

FAQ's for Defiance Hotel Airline and Cruise ETF (CRUZ)

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