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Dakota Active Equity ETF DAK

Is Dakota Active Equity ETF Halal?

Shariah Compliance Analysis of DAK ETF

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

DAK was created on 2025-07-30 by Dakota. The fund's investment portfolio concentrates primarily on total market equity. DAK is an actively managed portfolio of US stocks via individual holdings or sector ETFs. The fund pursues a tactical investment strategy, seeking companies with a leading market position and positive fundamentals. Weighting in the portfolio is based on volatility.

DAK Shariah Compliance

As of October 2026, Dakota Active Equity ETF is classified as not halal.

NOT HALAL

Dakota Active Equity ETF (DAK) Chart

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