Is TrueShares ESG Active Opportunities ETF halal to invest in?

As of September 2026, TrueShares ESG Active Opportunities ETF ECOZ 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 TrueShares ESG Active Opportunities 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 TrueShares ESG Active Opportunities ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for TrueShares ESG Active Opportunities ETF updated?

The Shariah compliance status of TrueShares ESG Active Opportunities 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 TrueShares ESG Active Opportunities 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 TrueShares ESG Active Opportunities ETF?

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

TrueShares ESG Active Opportunities ETF ECOZ

ECOZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, TrueShares ESG Active Opportunities ETF is classified as not halal.

NOT HALAL

Is TrueShares ESG Active Opportunities ETF Halal?

Shariah Compliance Analysis of ECOZ ETF

US Equity Large Cap

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

ECOZ was created on 2020-02-28 by TrueShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 2.48m in AUM and 61 holdings. ECOZ is an actively-managed fund that seeks total return and invests at least 80% of its assets in companies adhering to ESG best practices.

TrueShares ESG Active Opportunities ETF (ECOZ) Chart

Key Statistics of TrueShares ESG Active Opportunities ETF (ECOZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
23.10%
Financials
15.57%
Health Care
13.65%
Consumer Discretionary
12.39%
Industrials
11.83%
Consumer Staples
8.11%
Communication Services
8.04%
Real Estate
4.02%
Other
1.28%
Materials
1.19%
Utilities
0.82%

FAQ's for TrueShares ESG Active Opportunities ETF (ECOZ)

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