Is Zacks Focus Growth ETF halal to invest in?

As of September 2026, Zacks Focus Growth ETF GROZ 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 Zacks Focus Growth 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 Zacks Focus Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Zacks Focus Growth ETF updated?

The Shariah compliance status of Zacks Focus Growth 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 Zacks Focus Growth 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 Zacks Focus Growth ETF?

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

Zacks Focus Growth ETF GROZ

GROZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Zacks Focus Growth ETF is classified as not halal.

NOT HALAL

Is Zacks Focus Growth ETF Halal?

Shariah Compliance Analysis of GROZ ETF

US Equity Total Market

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

GROZ was created on 2024-12-05 by Zacks. The fund's investment portfolio concentrates primarily on total market equity. GROZ is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research.

Zacks Focus Growth ETF (GROZ) Chart

Key Statistics of Zacks Focus Growth ETF (GROZ)

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FAQ's for Zacks Focus Growth ETF (GROZ)

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