Is ALPS Global Travel Beneficiaries ETF halal to invest in?

As of September 2026, ALPS Global Travel Beneficiaries ETF JRNY 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 ALPS Global Travel Beneficiaries 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 ALPS Global Travel Beneficiaries ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ALPS Global Travel Beneficiaries ETF updated?

The Shariah compliance status of ALPS Global Travel Beneficiaries 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 ALPS Global Travel Beneficiaries 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 ALPS Global Travel Beneficiaries ETF?

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

ALPS Global Travel Beneficiaries ETF JRNY

JRNY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ALPS Global Travel Beneficiaries ETF is classified as not halal.

NOT HALAL

Is ALPS Global Travel Beneficiaries ETF Halal?

Shariah Compliance Analysis of JRNY ETF

US Equity Consumer Discretionary

No. As of September 2026, ALPS Global Travel Beneficiaries ETF (JRNY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ALPS Global Travel Beneficiaries ETF does not pass Musaffa's business and financial screening criteria.

JRNY was created on 2021-09-07 by ALPS. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The ETF currently has 6.17m in AUM and 81 holdings. JRNY tracks an index of companies involved in the global travel industry. The fund selects and weights securities based on market-cap, quality, and growth.

ALPS Global Travel Beneficiaries ETF (JRNY) Chart

Key Statistics of ALPS Global Travel Beneficiaries ETF (JRNY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
47.31%
Industrials
23.81%
Other
8.34%
Consumer Staples
7.23%
Financials
5.16%
Communication Services
4.83%
Real Estate
2.51%
Information Technology
0.81%

FAQ's for ALPS Global Travel Beneficiaries ETF (JRNY)

As of September 2026, ALPS Global Travel Beneficiaries ETF JRNY 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 ALPS Global Travel Beneficiaries ETF using these criteria to determine its compliance status.
The Shariah compliance status of ALPS Global Travel Beneficiaries 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 ALPS Global Travel Beneficiaries ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.