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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
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.
EMZA was created on 2022-09-08 by Emerge. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 0.53m in AUM and 38 holdings. EMZA is actively managed to broadly invest in global stocks of various market capitalization that meet certain environmental, social, and governance criteria.
Emerge EMPWR Sustainable Global Core Equity ETF (EMZA) Chart
Key Statistics of Emerge EMPWR Sustainable Global Core Equity ETF (EMZA)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Other21.23%
- Consumer Discretionary16.06%
- Information Technology12.88%
- Industrials12.28%
- Financials11.10%
- Communication Services7.16%
- Materials5.73%
- Health Care5.28%
- Consumer Staples5.08%
- Real Estate3.20%
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.
