As of September 2026, Counterpoint High Yield Trend ETF is classified as not halal.
NOT HALAL
Is Counterpoint High Yield Trend ETF Halal?
Shariah Compliance Analysis of HYTR ETF
US Fixed Income High Yield
No. As of September 2026, Counterpoint High Yield Trend ETF (HYTR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Counterpoint High Yield Trend ETF does not pass Musaffa's business and financial screening criteria.
HYTR was created on 2020-01-21 by Counterpoint. The fund's investment portfolio concentrates primarily on high yield fixed income. HYTR aims to reduce risk by tracking a rules-based quantitative index of US bonds that will toggling between high yield and treasuries based on momentum.
Counterpoint High Yield Trend ETF (HYTR) Chart
Key Statistics of Counterpoint High Yield Trend ETF (HYTR)
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FAQ's for Counterpoint High Yield Trend ETF (HYTR)
As of September 2026, Counterpoint High Yield Trend ETF HYTR 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 Counterpoint High Yield Trend ETF using these criteria to determine its compliance status.
The Shariah compliance status of Counterpoint High Yield Trend 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 Counterpoint High Yield Trend ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.