Is Strive U.S. Energy ETF halal to invest in?

As of September 2026, Strive U.S. Energy ETF DRLL is classified as 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 Strive U.S. Energy 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 Strive U.S. Energy ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Strive U.S. Energy ETF updated?

The Shariah compliance status of Strive U.S. Energy 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 Strive U.S. Energy 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 Strive U.S. Energy ETF?

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

Strive U.S. Energy ETF DRLL

DRLL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Strive U.S. Energy ETF is classified as halal.

HALAL

Is Strive U.S. Energy ETF Halal?

Shariah Compliance Analysis of DRLL ETF

US Equity Energy

Yes. As of September 2026, Strive U.S. Energy ETF (DRLL) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Strive U.S. Energy ETF passes Musaffa's business and financial screening criteria.

DRLL was created on 2022-08-09 by Strive. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 237.37m in AUM and 40 holdings. DRLL tracks a market cap-weighted index of US-listed stocks in the energy sector. The fund aims to influence companies to prioritize returns through shareholder engagement and proxy voting, without regard to ESG agendas.

Strive U.S. Energy ETF (DRLL) Chart

Key Statistics of Strive U.S. Energy ETF (DRLL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
98.68%
Consumer Discretionary
1.07%
Other
0.25%

FAQ's for Strive U.S. Energy ETF (DRLL)

As of September 2026, Strive U.S. Energy ETF DRLL is classified as 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 Strive U.S. Energy ETF using these criteria to determine its compliance status.
The Shariah compliance status of Strive U.S. Energy 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 Strive U.S. Energy ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.