Leadershares Alphafactor Tactical Focused ETF LSAT
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LSAT Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Leadershares Alphafactor Tactical Focused ETF is classified as not halal.
NOT HALAL
Is Leadershares Alphafactor Tactical Focused ETF Halal?
Shariah Compliance Analysis of LSAT ETF
US Equity Total Market No. As of September 2026, Leadershares Alphafactor Tactical Focused ETF (LSAT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Leadershares Alphafactor Tactical Focused ETF does not pass Musaffa's business and financial screening criteria.
LSAT was created on 2020-10-27 by LeaderShares. The fund's investment portfolio concentrates primarily on total market equity. LSAT is actively-managed to invest in US stocks selected by multiple factors. The fund employs a risk overlay to overweight money-market securities during riskier periods.
Leadershares Alphafactor Tactical Focused ETF (LSAT) Chart
Key Statistics of Leadershares Alphafactor Tactical Focused ETF (LSAT)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Consumer Discretionary23.26%
- Health Care13.07%
- Energy10.40%
- Consumer Staples9.72%
- Utilities7.06%
- Financials6.69%
- Information Technology6.52%
- Communication Services6.50%
- Industrials6.24%
- Other4.25%
- Materials3.25%
- Real Estate3.04%
FAQ's for Leadershares Alphafactor Tactical Focused ETF (LSAT)
- As of September 2026, Leadershares Alphafactor Tactical Focused ETF LSAT 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 Leadershares Alphafactor Tactical Focused ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Leadershares Alphafactor Tactical Focused 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 Leadershares Alphafactor Tactical Focused ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.