Is KraneShares China Alpha Index ETF halal to invest in?

As of September 2026, KraneShares China Alpha Index ETF KCAI 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 KraneShares China Alpha Index 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 KraneShares China Alpha Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for KraneShares China Alpha Index ETF updated?

The Shariah compliance status of KraneShares China Alpha Index 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 KraneShares China Alpha Index 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 KraneShares China Alpha Index ETF?

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

KraneShares China Alpha Index ETF KCAI

KCAI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, KraneShares China Alpha Index ETF is classified as not halal.

NOT HALAL

Is KraneShares China Alpha Index ETF Halal?

Shariah Compliance Analysis of KCAI ETF

US Equity Total Market

No. As of September 2026, KraneShares China Alpha Index ETF (KCAI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. KraneShares China Alpha Index ETF does not pass Musaffa's business and financial screening criteria.

KCAI was created on 2024-08-28 by KraneShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 7.57m in AUM and 39 holdings. KCAI tracks an index that seeks to outperform the CSI 300 Index by employing a systematic machine learning approach in selection and weighting of China A-shares.

KraneShares China Alpha Index ETF (KCAI) Chart

Key Statistics of KraneShares China Alpha Index ETF (KCAI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for KraneShares China Alpha Index ETF (KCAI)

As of September 2026, KraneShares China Alpha Index ETF KCAI 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 KraneShares China Alpha Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of KraneShares China Alpha Index 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 KraneShares China Alpha Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.