As of September 2026, Scharf ETF is classified as not halal.
NOT HALAL
Is Scharf ETF Halal?
Shariah Compliance Analysis of KAT ETF
US Equity Total Market
No. As of September 2026, Scharf ETF (KAT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Scharf ETF does not pass Musaffa's business and financial screening criteria.
KAT was created on 2025-08-25 by Scharf. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 726.31m in AUM and 38 holdings. KAT seeks long-term capital appreciation by actively managing a narrow portfolio of equity securities from around the world. The funds investment approach combines fundamental research with quantitative analysis.
Scharf ETF (KAT) Chart
Key Statistics of Scharf ETF (KAT)
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FAQ's for Scharf ETF (KAT)
As of September 2026, Scharf ETF KAT 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 Scharf ETF using these criteria to determine its compliance status.
The Shariah compliance status of Scharf 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 Scharf ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.