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Emerge EMPWR Sustainable Global Core Equity ETF EMZA

EMZA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Emerge EMPWR Sustainable Global Core Equity ETF is classified as not halal.

NOT HALAL

Is Emerge EMPWR Sustainable Global Core Equity ETF Halal?

Shariah Compliance Analysis of EMZA ETF

US Equity Total Market

No. As of September 2026, Emerge EMPWR Sustainable Global Core Equity ETF (EMZA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Emerge EMPWR Sustainable Global Core Equity ETF does not pass Musaffa's business and financial screening criteria.

Emerge EMPWR Sustainable Global Core Equity ETF (EMZA) Chart

Key Statistics of Emerge EMPWR Sustainable Global Core Equity ETF (EMZA)

Today's Open

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AUM

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Avg. Volume

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Expense Ratio

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P/E Ratio

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P/B Ratio

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Sector Exposure
  • Other
    21.23%
  • Consumer Discretionary
    16.06%
  • Information Technology
    12.88%
  • Industrials
    12.28%
  • Financials
    11.10%
  • Communication Services
    7.16%
  • Materials
    5.73%
  • Health Care
    5.28%
  • Consumer Staples
    5.08%
  • Real Estate
    3.20%

FAQ's for Emerge EMPWR Sustainable Global Core Equity ETF (EMZA)

  • As of September 2026, Emerge EMPWR Sustainable Global Core Equity ETF EMZA 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 Emerge EMPWR Sustainable Global Core Equity ETF using these criteria to determine its compliance status.
  • The Shariah compliance status of Emerge EMPWR Sustainable Global Core Equity 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 Emerge EMPWR Sustainable Global Core Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.