Is Roundhill Memory ETF halal to invest in?

As of September 2026, Roundhill Memory ETF DRAM 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 Roundhill Memory 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 Roundhill Memory ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Roundhill Memory ETF updated?

The Shariah compliance status of Roundhill Memory 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 Roundhill Memory 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 Roundhill Memory ETF?

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

Roundhill Memory ETF DRAM

DRAM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Roundhill Memory ETF is classified as not halal.

NOT HALAL

Is Roundhill Memory ETF Halal?

Shariah Compliance Analysis of DRAM ETF

US Equity Information Technology

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

DRAM was created on 2026-04-02 by Roundhill. The fund's investment portfolio concentrates primarily on information technology equity. DRAM is an actively managed ETF, providing exposure to global equity securities of memory companies through stocks and derivatives. The fund uses a proprietary selection process based on market share and revenue tied to the industry. Portfolio weightings are based on modified market-cap.

Roundhill Memory ETF (DRAM) Chart

Key Statistics of Roundhill Memory ETF (DRAM)

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FAQ's for Roundhill Memory ETF (DRAM)

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