Is AXS De-SPAC ETF halal to invest in?

As of September 2026, AXS De-SPAC ETF DSPC 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 AXS De-SPAC 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 AXS De-SPAC ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AXS De-SPAC ETF updated?

The Shariah compliance status of AXS De-SPAC 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 AXS De-SPAC 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 AXS De-SPAC ETF?

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

AXS De-SPAC ETF DSPC

DSPC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AXS De-SPAC ETF is classified as not halal.

NOT HALAL

Is AXS De-SPAC ETF Halal?

Shariah Compliance Analysis of DSPC ETF

US Equity Total Market

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

DSPC was created on 2021-05-19 by AXS Investments. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 0.52m in AUM and 26 holdings. DSPC tracks an equal-weighted index of SPAC-derived US firms that have recently completed a business merger.

AXS De-SPAC ETF (DSPC) Chart

Key Statistics of AXS De-SPAC ETF (DSPC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
25.07%
Consumer Discretionary
21.41%
Information Technology
16.78%
Other
11.83%
Health Care
11.45%
Consumer Staples
3.64%
Communication Services
3.40%
Materials
3.38%
Real Estate
3.04%

FAQ's for AXS De-SPAC ETF (DSPC)

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