As of September 2026, LGBTQ + ESG100 ETF is classified as not halal.
NOT HALAL
Is LGBTQ + ESG100 ETF Halal?
Shariah Compliance Analysis of LGBT ETF
US Equity Large Cap
No. As of September 2026, LGBTQ + ESG100 ETF (LGBT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. LGBTQ + ESG100 ETF does not pass Musaffa's business and financial screening criteria.
LGBT was created on 2021-05-17 by Procure. The fund's investment portfolio concentrates primarily on large cap equity. LGBT tracks an index of 100 US companies that promote equality in the workplace, have a history of strong financial performance, and have good overall ESG characteristics.
LGBTQ + ESG100 ETF (LGBT) Chart
Key Statistics of LGBTQ + ESG100 ETF (LGBT)
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FAQ's for LGBTQ + ESG100 ETF (LGBT)
As of September 2026, LGBTQ + ESG100 ETF LGBT 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 LGBTQ + ESG100 ETF using these criteria to determine its compliance status.
The Shariah compliance status of LGBTQ + ESG100 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 LGBTQ + ESG100 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.