Is Gabelli Growth Innovators ETF halal to invest in?

As of September 2026, Gabelli Growth Innovators ETF GGRW 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 Growth Innovators 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 Growth Innovators ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Gabelli Growth Innovators ETF updated?

The Shariah compliance status of Gabelli Growth Innovators 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 Growth Innovators 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 Growth Innovators ETF?

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

Gabelli Growth Innovators ETF GGRW

GGRW Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Gabelli Growth Innovators ETF Halal?

Shariah Compliance Analysis of GGRW ETF

US Equity Total Market

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

GGRW was created on 2021-02-16 by Gabelli. The fund's investment portfolio concentrates primarily on total market equity. GGRW is an actively managed ETF that seeks growth of capital and income by targeting US-listed companies with high future earnings potential relative to their current market value and considered to be innovative in their industry.

Gabelli Growth Innovators ETF (GGRW) Chart

Key Statistics of Gabelli Growth Innovators ETF (GGRW)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
29.11%
Other
13.43%
Industrials
12.08%
Health Care
11.83%
Communication Services
11.55%
Consumer Discretionary
11.23%
Financials
9.99%
Consumer Staples
0.78%

FAQ's for Gabelli Growth Innovators ETF (GGRW)

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