Is Gabelli Automation ETF halal to invest in?

As of September 2026, Gabelli Automation ETF GAST 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 Gabelli Automation 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 Gabelli Automation ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Gabelli Automation ETF updated?

The Shariah compliance status of Gabelli Automation 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 Gabelli Automation 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 Gabelli Automation ETF?

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

Gabelli Automation ETF GAST

GAST Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Gabelli Automation ETF is classified as not halal.

NOT HALAL

Is Gabelli Automation ETF Halal?

Shariah Compliance Analysis of GAST ETF

US Equity Theme

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

GAST was created on 2022-01-05 by Gabelli. The fund's investment portfolio concentrates primarily on theme equity. GAST is an actively-managed, non-transparent fund that seeks capital growth by investing in US-listed automation-related companies that exhibit value characteristics. The fund utilizes the Precidian non-transparent model.

Gabelli Automation ETF (GAST) Chart

Key Statistics of Gabelli Automation ETF (GAST)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
54.03%
Information Technology
22.17%
Energy
6.51%
Materials
4.83%
Financials
4.63%
Communication Services
3.35%
Consumer Staples
2.46%
Consumer Discretionary
2.01%

FAQ's for Gabelli Automation ETF (GAST)

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