As of September 2026, Roundhill Alerian LNG ETF is classified as not halal.
NOT HALAL
Is Roundhill Alerian LNG ETF Halal?
Shariah Compliance Analysis of LNGG ETF
US Equity Energy
No. As of September 2026, Roundhill Alerian LNG ETF (LNGG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Roundhill Alerian LNG ETF does not pass Musaffa's business and financial screening criteria.
LNGG was created on 2023-09-22 by Roundhill. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 1.2m in AUM and 27 holdings. LNGG tracks a revenue-adjusted, market cap-weighted index of stocks from around the world that are materially engaged in the liquefied natural gas industry, such as liquefied natural gas liquefaction, carrier services, and regasification.
Roundhill Alerian LNG ETF (LNGG) Chart
Key Statistics of Roundhill Alerian LNG ETF (LNGG)
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FAQ's for Roundhill Alerian LNG ETF (LNGG)
As of September 2026, Roundhill Alerian LNG ETF LNGG 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 Roundhill Alerian LNG ETF using these criteria to determine its compliance status.
The Shariah compliance status of Roundhill Alerian LNG 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 Roundhill Alerian LNG ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.