Is Fundstrat Granny Shots US Large Cap ETF halal to invest in?

As of September 2026, Fundstrat Granny Shots US Large Cap ETF GRNY 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 Fundstrat Granny Shots US Large Cap 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 Fundstrat Granny Shots US Large Cap ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Fundstrat Granny Shots US Large Cap ETF updated?

The Shariah compliance status of Fundstrat Granny Shots US Large Cap 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 Fundstrat Granny Shots US Large Cap 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 Fundstrat Granny Shots US Large Cap ETF?

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

Fundstrat Granny Shots US Large Cap ETF GRNY

GRNY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Fundstrat Granny Shots US Large Cap ETF is classified as not halal.

NOT HALAL

Is Fundstrat Granny Shots US Large Cap ETF Halal?

Shariah Compliance Analysis of GRNY ETF

US Equity Large Cap

No. As of September 2026, Fundstrat Granny Shots US Large Cap ETF (GRNY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Fundstrat Granny Shots US Large Cap ETF does not pass Musaffa's business and financial screening criteria.

GRNY was created on 2024-11-07 by Fundstrat. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 3954.2m in AUM and 41 holdings. GRNY is an actively managed ETF that invests in 20 to 50 US large-cap securities across 5 to 10 themes determined to likely impact the economy and stock market.

Fundstrat Granny Shots US Large Cap ETF (GRNY) Chart

Key Statistics of Fundstrat Granny Shots US Large Cap ETF (GRNY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Fundstrat Granny Shots US Large Cap ETF (GRNY)

As of September 2026, Fundstrat Granny Shots US Large Cap ETF GRNY 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 Fundstrat Granny Shots US Large Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of Fundstrat Granny Shots US Large Cap 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 Fundstrat Granny Shots US Large Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.