Is Tema Luxury ETF halal to invest in?

As of September 2026, Tema Luxury ETF LUX 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.

Is Tema Luxury ETF a Shariah-compliant ETF?

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 Tema Luxury ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Tema Luxury ETF updated?

The Shariah compliance status of Tema Luxury ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Tema Luxury ETF become non-compliant?

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.

Where can I check the Shariah status of Tema Luxury ETF?

You can check the latest Shariah compliance status of Tema Luxury ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Tema Luxury ETF LUX

LUX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Tema Luxury ETF is classified as not halal.

NOT HALAL

Is Tema Luxury ETF Halal?

Shariah Compliance Analysis of LUX ETF

US Equity Theme

No. As of September 2026, Tema Luxury ETF (LUX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tema Luxury ETF does not pass Musaffa's business and financial screening criteria.

LUX was created on 2023-05-11 by Tema. The fund's investment portfolio concentrates primarily on theme equity. LUX seeks long-term growth from an actively managed portfolio of global companies that provide luxury goods and services.

Tema Luxury ETF (LUX) Chart

Key Statistics of Tema Luxury ETF (LUX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
71.73%
Other
19.16%
Consumer Staples
9.11%

FAQ's for Tema Luxury ETF (LUX)

As of September 2026, Tema Luxury ETF LUX 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 Tema Luxury ETF using these criteria to determine its compliance status.
The Shariah compliance status of Tema Luxury 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 Tema Luxury ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.