Is FMQQ The Next Frontier Internet ETF halal to invest in?

As of September 2026, FMQQ The Next Frontier Internet ETF FMQQ 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 FMQQ The Next Frontier Internet 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 FMQQ The Next Frontier Internet ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for FMQQ The Next Frontier Internet ETF updated?

The Shariah compliance status of FMQQ The Next Frontier Internet 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 FMQQ The Next Frontier Internet 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 FMQQ The Next Frontier Internet ETF?

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

FMQQ The Next Frontier Internet ETF FMQQ

FMQQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, FMQQ The Next Frontier Internet ETF is classified as not halal.

NOT HALAL

Is FMQQ The Next Frontier Internet ETF Halal?

Shariah Compliance Analysis of FMQQ ETF

US Equity Theme

No. As of September 2026, FMQQ The Next Frontier Internet ETF (FMQQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. FMQQ The Next Frontier Internet ETF does not pass Musaffa's business and financial screening criteria.

FMQQ was created on 2021-09-27 by EMQQ Global. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 26.9m in AUM and 39 holdings. FMQQ is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. Securities are selected and weighted by market-cap.

FMQQ The Next Frontier Internet ETF (FMQQ) Chart

Key Statistics of FMQQ The Next Frontier Internet ETF (FMQQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
30.94%
Financials
30.06%
Communication Services
18.47%
Other
8.36%
Energy
7.51%
Industrials
3.48%
Information Technology
1.18%

FAQ's for FMQQ The Next Frontier Internet ETF (FMQQ)

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