Is VanEck Alternative Asset Manager ETF halal to invest in?

As of September 2026, VanEck Alternative Asset Manager ETF GPZ 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 VanEck Alternative Asset Manager 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 VanEck Alternative Asset Manager ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for VanEck Alternative Asset Manager ETF updated?

The Shariah compliance status of VanEck Alternative Asset Manager 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 VanEck Alternative Asset Manager 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 VanEck Alternative Asset Manager ETF?

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

VanEck Alternative Asset Manager ETF GPZ

GPZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, VanEck Alternative Asset Manager ETF is classified as not halal.

NOT HALAL

Is VanEck Alternative Asset Manager ETF Halal?

Shariah Compliance Analysis of GPZ ETF

US Equity Financials

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

GPZ was created on 2025-06-04 by VanEck. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 122.38m in AUM and 21 holdings. GPZ tracks a market cap-weighted index of companies from developed markets involved in the alternative asset management industry, including private equity and BDCs.

VanEck Alternative Asset Manager ETF (GPZ) Chart

Key Statistics of VanEck Alternative Asset Manager ETF (GPZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for VanEck Alternative Asset Manager ETF (GPZ)

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