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Subversive Food Security ETF KCAL

Is Subversive Food Security ETF Halal?

Shariah Compliance Analysis of KCAL ETF

No. As of October 2026, Subversive Food Security ETF (KCAL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

KCAL was created on 2022-12-22 by Subversive. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 0.56m in AUM and 29 holdings. KCAL is an actively managed fund of US and foreign companies supporting the securement of the global food chain. It selects securities using a top-down approach utilizing quantitative factors with considerations of qualitative factors.

KCAL Shariah Compliance

As of October 2026, Subversive Food Security ETF is classified as not halal.

NOT HALAL

Subversive Food Security ETF (KCAL) Chart

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