Is Capital Link NextGen Vehicles & Technology ETF halal to invest in?

As of September 2026, Capital Link NextGen Vehicles & Technology ETF EKAR 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 Capital Link NextGen Vehicles & Technology 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 Capital Link NextGen Vehicles & Technology ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Capital Link NextGen Vehicles & Technology ETF updated?

The Shariah compliance status of Capital Link NextGen Vehicles & Technology 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 Capital Link NextGen Vehicles & Technology 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 Capital Link NextGen Vehicles & Technology ETF?

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

Capital Link NextGen Vehicles & Technology ETF EKAR

EKAR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Capital Link NextGen Vehicles & Technology ETF is classified as not halal.

NOT HALAL

Is Capital Link NextGen Vehicles & Technology ETF Halal?

Shariah Compliance Analysis of EKAR ETF

US Equity Theme

No. As of September 2026, Capital Link NextGen Vehicles & Technology ETF (EKAR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Capital Link NextGen Vehicles & Technology ETF does not pass Musaffa's business and financial screening criteria.

EKAR was created on 2018-02-13 by Capital Link. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 6.54m in AUM and 3 holdings. EKAR tracks an equally-weighted index that uses a proprietary methodology to select global stocks involved in the investment, development, or use of new energy and autonomously driven vehicles, battery technology, renewable energy, and energy storage.

Capital Link NextGen Vehicles & Technology ETF (EKAR) Chart

Key Statistics of Capital Link NextGen Vehicles & Technology ETF (EKAR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
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FAQ's for Capital Link NextGen Vehicles & Technology ETF (EKAR)

As of September 2026, Capital Link NextGen Vehicles & Technology ETF EKAR 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 Capital Link NextGen Vehicles & Technology ETF using these criteria to determine its compliance status.
The Shariah compliance status of Capital Link NextGen Vehicles & Technology 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 Capital Link NextGen Vehicles & Technology ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.