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Castellan Targeted Equity ETF CTEF

Is Castellan Targeted Equity ETF Halal?

Shariah Compliance Analysis of CTEF ETF

No. As of October 2026, Castellan Targeted Equity ETF (CTEF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CTEF was created on 2025-06-18 by Castellan. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 483.74m in AUM and 27 holdings. CTEF invests in US-listed companies of any market capitalization, combined with a covered call overlay. The actively managed ETF uses a proprietary methodology that blends both quantitative and qualitative analysis.

CTEF Shariah Compliance

As of October 2026, Castellan Targeted Equity ETF is classified as not halal.

NOT HALAL

Castellan Targeted Equity ETF (CTEF) Chart

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