As of September 2026, ATAC Credit Rotation ETF is classified as not halal.
NOT HALAL
Is ATAC Credit Rotation ETF Halal?
Shariah Compliance Analysis of JOJO ETF
US Fixed Income Broad Credit
No. As of September 2026, ATAC Credit Rotation ETF (JOJO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ATAC Credit Rotation ETF does not pass Musaffa's business and financial screening criteria.
JOJO was created on 2021-07-15 by ATAC. The fund's investment portfolio concentrates primarily on broad credit fixed income. JOJO is an actively managed fund-of-funds that toggles between corporate high-yield bonds and US Treasurys, depending on the utilities sectors performance relative to the US large-cap market.
ATAC Credit Rotation ETF (JOJO) Chart
Key Statistics of ATAC Credit Rotation ETF (JOJO)
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FAQ's for ATAC Credit Rotation ETF (JOJO)
As of September 2026, ATAC Credit Rotation ETF JOJO 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 ATAC Credit Rotation ETF using these criteria to determine its compliance status.
The Shariah compliance status of ATAC Credit Rotation 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 ATAC Credit Rotation ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.