Is ERShares NextGen Entrepreneurs ETF halal to invest in?

As of September 2026, ERShares NextGen Entrepreneurs ETF ERSX 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 ERShares NextGen Entrepreneurs 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 ERShares NextGen Entrepreneurs ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ERShares NextGen Entrepreneurs ETF updated?

The Shariah compliance status of ERShares NextGen Entrepreneurs 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 ERShares NextGen Entrepreneurs 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 ERShares NextGen Entrepreneurs ETF?

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

ERShares NextGen Entrepreneurs ETF ERSX

ERSX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ERShares NextGen Entrepreneurs ETF is classified as not halal.

NOT HALAL

Is ERShares NextGen Entrepreneurs ETF Halal?

Shariah Compliance Analysis of ERSX ETF

US Equity Theme

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

ERSX was created on 2018-12-27 by ERShares. The fund's investment portfolio concentrates primarily on theme equity. ERSX is an actively-managed fund that invests in global ex-US entrepreneurial firms. The fund adviser uses a proprietary machine learning model to evaluate securities.

ERShares NextGen Entrepreneurs ETF (ERSX) Chart

Key Statistics of ERShares NextGen Entrepreneurs ETF (ERSX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
23.96%
Other
15.87%
Health Care
11.25%
Consumer Discretionary
11.03%
Financials
10.89%
Communication Services
6.93%
Industrials
5.01%
Consumer Staples
4.94%
Real Estate
4.16%
Materials
3.28%
Energy
1.56%
Utilities
1.12%

FAQ's for ERShares NextGen Entrepreneurs ETF (ERSX)

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