As of September 2026, STKd 100% NVDA & 100% AMD ETF is classified as not halal.
NOT HALAL
Is STKd 100% NVDA & 100% AMD ETF Halal?
Shariah Compliance Analysis of LAYS ETF
US Equity Information Technology
No. As of September 2026, STKd 100% NVDA & 100% AMD ETF (LAYS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. STKd 100% NVDA & 100% AMD ETF does not pass Musaffa's business and financial screening criteria.
LAYS was created on 2025-03-05 by Quantify Funds. The fund's investment portfolio concentrates primarily on information technology equity. LAYS seeks long-term capital appreciation through concentrated exposure to NVDA and AMD. The actively managed ETF targets 200% exposure to the two companies at the core of technological advancements.
As of September 2026, STKd 100% NVDA & 100% AMD ETF LAYS 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 STKd 100% NVDA & 100% AMD ETF using these criteria to determine its compliance status.
The Shariah compliance status of STKd 100% NVDA & 100% AMD 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 STKd 100% NVDA & 100% AMD ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.