Is Emles Luxury Goods ETF halal to invest in?

As of September 2026, Emles Luxury Goods ETF LUXE 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 Emles Luxury Goods 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 Emles Luxury Goods ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Emles Luxury Goods ETF updated?

The Shariah compliance status of Emles Luxury Goods 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 Emles Luxury Goods 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 Emles Luxury Goods ETF?

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

Emles Luxury Goods ETF LUXE

LUXE Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Emles Luxury Goods ETF Halal?

Shariah Compliance Analysis of LUXE ETF

US Equity Theme

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

LUXE was created on 2020-11-24 by Emles. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 4.56m in AUM and 51 holdings. LUXE tracks a market capitalization-weighted index with an exposure to global luxury goods companies.

Emles Luxury Goods ETF (LUXE) Chart

Key Statistics of Emles Luxury Goods ETF (LUXE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
65.91%
Consumer Staples
16.56%
Information Technology
8.13%
Other
6.97%
Health Care
2.43%

FAQ's for Emles Luxury Goods ETF (LUXE)

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