Is Tema International Durable Quality ETF halal to invest in?

As of September 2026, Tema International Durable Quality ETF ITOL 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 Tema International Durable Quality 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 Tema International Durable Quality ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Tema International Durable Quality ETF updated?

The Shariah compliance status of Tema International Durable Quality 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 Tema International Durable Quality 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 Tema International Durable Quality ETF?

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

Tema International Durable Quality ETF ITOL

ITOL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Tema International Durable Quality ETF is classified as not halal.

NOT HALAL

Is Tema International Durable Quality ETF Halal?

Shariah Compliance Analysis of ITOL ETF

US Equity Total Market

No. As of September 2026, Tema International Durable Quality ETF (ITOL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tema International Durable Quality ETF does not pass Musaffa's business and financial screening criteria.

ITOL was created on 2025-09-10 by Tema. The fund's investment portfolio concentrates primarily on total market equity. ITOL seeks long-term growth by actively managing an international portfolio of companies deemed as high-quality and durable, excluding the US and Canada. Stock selection uses top-down macroeconomic and bottom-up fundamental approaches.

Tema International Durable Quality ETF (ITOL) Chart

Key Statistics of Tema International Durable Quality ETF (ITOL)

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FAQ's for Tema International Durable Quality ETF (ITOL)

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