As of September 2026, Kronos Strategy ETP is classified as not halal.
NOT HALAL
Is Kronos Strategy ETP ETF Halal?
Shariah Compliance Analysis of KRON.DB ETF
GB Equity Health Care
No. As of September 2026, Kronos Strategy ETP (KRON.DB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Kronos Strategy ETP does not pass Musaffa's business and financial screening criteria.
KRON.DB was created on 2021-07-20 by Leverage Shares. The fund's investment portfolio concentrates primarily on health care equity. The objective of the ETP Securities is to pursue the Kronos Investment Strategy. The Kronos investment strategy is a trend following, actively managed investment strategy that aims to outperform major US equity indices
Kronos Strategy ETP (KRON.DB) Chart
Key Statistics of Kronos Strategy ETP (KRON.DB)
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FAQ's for Kronos Strategy ETP (KRON.DB)
As of September 2026, Kronos Strategy ETP KRON.DB 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 Kronos Strategy ETP using these criteria to determine its compliance status.
The Shariah compliance status of Kronos Strategy ETP 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 Kronos Strategy ETP on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.