Is AdvisorShares Restaurant ETF halal to invest in?

As of September 2026, AdvisorShares Restaurant ETF EATZ 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 AdvisorShares Restaurant 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 AdvisorShares Restaurant ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AdvisorShares Restaurant ETF updated?

The Shariah compliance status of AdvisorShares Restaurant 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 AdvisorShares Restaurant 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 AdvisorShares Restaurant ETF?

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

AdvisorShares Restaurant ETF EATZ

EATZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AdvisorShares Restaurant ETF is classified as not halal.

NOT HALAL

Is AdvisorShares Restaurant ETF Halal?

Shariah Compliance Analysis of EATZ ETF

US Equity Consumer Discretionary

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

EATZ was created on 2021-04-20 by AdvisorShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The ETF currently has 3.33m in AUM and 22 holdings. EATZ is an actively-managed fund of US-listed companies that derive at least 50% of their net revenue from the restaurant business.

AdvisorShares Restaurant ETF (EATZ) Chart

Key Statistics of AdvisorShares Restaurant ETF (EATZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
93.56%
Consumer Staples
4.33%
Other
2.11%

FAQ's for AdvisorShares Restaurant ETF (EATZ)

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