Is Castellan Targeted Income ETF halal to invest in?

As of September 2026, Castellan Targeted Income ETF CTIF 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 Castellan Targeted Income 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 Castellan Targeted Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Castellan Targeted Income ETF updated?

The Shariah compliance status of Castellan Targeted Income 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 Castellan Targeted Income 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 Castellan Targeted Income ETF?

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

Castellan Targeted Income ETF CTIF

CTIF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Castellan Targeted Income ETF is classified as not halal.

NOT HALAL

Is Castellan Targeted Income ETF Halal?

Shariah Compliance Analysis of CTIF ETF

US Equity Total Market

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

CTIF was created on 2025-06-25 by Castellan. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 149.71m in AUM and 25 holdings. CTIF invests in US-listed dividend-paying companies combined with a covered call overlay. The actively managed ETF uses a proprietary methodology that blends both quantitative and qualitative analysis.

Castellan Targeted Income ETF (CTIF) Chart

Key Statistics of Castellan Targeted Income ETF (CTIF)

Today's Open

AUM

Avg. Volume

Expense Ratio

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FAQ's for Castellan Targeted Income ETF (CTIF)

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