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Themes Natural Monopoly ETF CZAR

Is Themes Natural Monopoly ETF Halal?

Shariah Compliance Analysis of CZAR ETF

No. As of October 2026, Themes Natural Monopoly ETF (CZAR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CZAR was created on 2023-12-13 by Themes. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1.61m in AUM and 97 holdings. CZAR is passively managed, tracking an index composed of large- and mid-cap companies that are perceived to showcase competitive strength within their sectors. The fund invests in securities from issuers in the Developed Markets.

CZAR Shariah Compliance

As of October 2026, Themes Natural Monopoly ETF is classified as not halal.

NOT HALAL

Themes Natural Monopoly ETF (CZAR) Chart

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