Is Astoria US Quality Growth Kings ETF halal to invest in?

As of September 2026, Astoria US Quality Growth Kings ETF GQQQ 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 Astoria US Quality Growth Kings 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 Astoria US Quality Growth Kings ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Astoria US Quality Growth Kings ETF updated?

The Shariah compliance status of Astoria US Quality Growth Kings 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 Astoria US Quality Growth Kings 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 Astoria US Quality Growth Kings ETF?

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

Astoria US Quality Growth Kings ETF GQQQ

GQQQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Astoria US Quality Growth Kings ETF is classified as not halal.

NOT HALAL

Is Astoria US Quality Growth Kings ETF Halal?

Shariah Compliance Analysis of GQQQ ETF

US Equity Total Market

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

GQQQ was created on 2024-10-01 by Astoria. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 103.36m in AUM and 103 holdings. GQQQ is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection. Holdings are market-cap weighted, optimizing for sector exposure relative to the broad market.

Astoria US Quality Growth Kings ETF (GQQQ) Chart

Key Statistics of Astoria US Quality Growth Kings ETF (GQQQ)

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FAQ's for Astoria US Quality Growth Kings ETF (GQQQ)

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