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MicroSectors FANG+ ETN FNGS

Is MicroSectors FANG+ ETN ETF Halal?

Shariah Compliance Analysis of FNGS ETF

No. As of October 2026, MicroSectors FANG+ ETN (FNGS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FNGS was created on 2019-11-12 by REX Microsectors. The fund's investment portfolio concentrates primarily on theme equity. FNGS tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee.

FNGS Shariah Compliance

As of October 2026, MicroSectors FANG+ ETN is classified as not halal.

NOT HALAL

MicroSectors FANG+ ETN (FNGS) Chart

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