Musaffa Logo
S
Select STOXX Europe Aerospace & Defense ETF EUAD

Is Select STOXX Europe Aerospace & Defense ETF Halal?

Shariah Compliance Analysis of EUAD ETF

No. As of October 2026, Select STOXX Europe Aerospace & Defense ETF (EUAD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

EUAD was created on 2024-10-22 by Tuttle Capital. The fund's investment portfolio concentrates primarily on industrials equity. The ETF currently has 1041.9m in AUM and 14 holdings. EUAD tracks a narrow index of European stocks, or ADRs of companies headquartered in Europe, who derive a significant portion of their revenue from the aerospace and defense industry. Holdings are weighted based on market-cap.

EUAD Shariah Compliance

As of October 2026, Select STOXX Europe Aerospace & Defense ETF is classified as not halal.

NOT HALAL

Select STOXX Europe Aerospace & Defense ETF (EUAD) Chart

Fetching Price Chart...