Is AdvisorShares Focused Equity ETF halal to invest in?

As of September 2026, AdvisorShares Focused Equity ETF CWS 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 AdvisorShares Focused 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 AdvisorShares Focused Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AdvisorShares Focused Equity ETF updated?

The Shariah compliance status of AdvisorShares Focused 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 AdvisorShares Focused 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 AdvisorShares Focused Equity ETF?

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

AdvisorShares Focused Equity ETF CWS

CWS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AdvisorShares Focused Equity ETF is classified as not halal.

NOT HALAL

Is AdvisorShares Focused Equity ETF Halal?

Shariah Compliance Analysis of CWS ETF

US Equity Total Market

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

CWS was created on 2016-09-20 by AdvisorShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 184.15m in AUM and 26 holdings. CWS is an actively-managed ETF that aims to achieve long-term capital appreciation and outperform the S&P 500 Index by holding a focused group of US-listed stocks using proprietary models.

AdvisorShares Focused Equity ETF (CWS) Chart

Key Statistics of AdvisorShares Focused Equity ETF (CWS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
27.86%
Financials
24.75%
Health Care
16.15%
Information Technology
13.05%
Materials
6.66%
Utilities
3.91%
Consumer Staples
3.87%
Consumer Discretionary
2.97%
Other
0.78%

FAQ's for AdvisorShares Focused Equity ETF (CWS)

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