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Parabla Innovation ETF LZRD

Is Parabla Innovation ETF Halal?

Shariah Compliance Analysis of LZRD ETF

No. As of October 2026, Parabla Innovation ETF (LZRD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

LZRD was created on 2023-04-11 by Parabla. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 0.69m in AUM and 11 holdings. LZRD actively invests in global companies that exhibit innovation within their respective sectors. Proprietary research, which includes an assessment of a companys long-term growth potential, is used to determine the stock selection and weighting in the portfolio.

LZRD Shariah Compliance

As of October 2026, Parabla Innovation ETF is classified as not halal.

NOT HALAL

Parabla Innovation ETF (LZRD) Chart

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