Is Amplify BlueStar Israel Technology ETF halal to invest in?

As of September 2026, Amplify BlueStar Israel Technology ETF ITEQ 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 Amplify BlueStar Israel Technology 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 Amplify BlueStar Israel Technology ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Amplify BlueStar Israel Technology ETF updated?

The Shariah compliance status of Amplify BlueStar Israel Technology 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 Amplify BlueStar Israel Technology 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 Amplify BlueStar Israel Technology ETF?

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

Amplify BlueStar Israel Technology ETF ITEQ

ITEQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Amplify BlueStar Israel Technology ETF is classified as not halal.

NOT HALAL

Is Amplify BlueStar Israel Technology ETF Halal?

Shariah Compliance Analysis of ITEQ ETF

US Equity Theme

No. As of September 2026, Amplify BlueStar Israel Technology ETF (ITEQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Amplify BlueStar Israel Technology ETF does not pass Musaffa's business and financial screening criteria.

ITEQ was created on 2015-11-02 by Amplify. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 103.65m in AUM and 61 holdings. ITEQ tracks a market cap-weighted index composed of Israeli technology companies. The fund provides exposure to various industries, including biotech, healthcare, defense tech, clean energy, water tech, and life sciences.

Amplify BlueStar Israel Technology ETF (ITEQ) Chart

Key Statistics of Amplify BlueStar Israel Technology ETF (ITEQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
65.06%
Industrials
8.59%
Other
6.12%
Utilities
5.35%
Consumer Discretionary
4.24%
Financials
4.07%
Health Care
3.88%
Communication Services
2.69%

FAQ's for Amplify BlueStar Israel Technology ETF (ITEQ)

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