Is Gabelli Commercial Aerospace and Defense ETF halal to invest in?

As of September 2026, Gabelli Commercial Aerospace and Defense ETF GCAD 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 Commercial Aerospace and Defense 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 Commercial Aerospace and Defense ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Gabelli Commercial Aerospace and Defense ETF updated?

The Shariah compliance status of Gabelli Commercial Aerospace and Defense 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 Commercial Aerospace and Defense 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 Commercial Aerospace and Defense ETF?

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

Gabelli Commercial Aerospace and Defense ETF GCAD

GCAD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Gabelli Commercial Aerospace and Defense ETF is classified as not halal.

NOT HALAL

Is Gabelli Commercial Aerospace and Defense ETF Halal?

Shariah Compliance Analysis of GCAD ETF

US Equity Industrials

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

GCAD was created on 2023-01-03 by Gabelli. The fund's investment portfolio concentrates primarily on industrials equity. GCAD is an actively managed ETF that invests in income-producing equities in the US aerospace and defense industry.

Gabelli Commercial Aerospace and Defense ETF (GCAD) Chart

Key Statistics of Gabelli Commercial Aerospace and Defense ETF (GCAD)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
99.82%
Other
0.18%

FAQ's for Gabelli Commercial Aerospace and Defense ETF (GCAD)

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