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Inspire Small/Mid Cap ETF ISMD

Is Inspire Small/Mid Cap ETF Halal?

Shariah Compliance Analysis of ISMD ETF

No. As of October 2026, Inspire Small/Mid Cap ETF (ISMD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ISMD was created on 2017-02-28 by Inspire. The fund's investment portfolio concentrates primarily on extended market equity. The ETF currently has 233.18m in AUM and 489 holdings. ISMD tracks an equal-weighted index of 500 small- and mid-cap US stocks that are screened for alignment with biblical values defined by the Issuer.

ISMD Shariah Compliance

As of October 2026, Inspire Small/Mid Cap ETF is classified as not halal.

NOT HALAL

Inspire Small/Mid Cap ETF (ISMD) Chart

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