Is Point Bridge America First ETF halal to invest in?

As of September 2026, Point Bridge America First ETF MAGA 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 Point Bridge America First 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 Point Bridge America First ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Point Bridge America First ETF updated?

The Shariah compliance status of Point Bridge America First 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 Point Bridge America First 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 Point Bridge America First ETF?

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

Point Bridge America First ETF MAGA

MAGA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Point Bridge America First ETF is classified as not halal.

NOT HALAL

Is Point Bridge America First ETF Halal?

Shariah Compliance Analysis of MAGA ETF

US Equity Large Cap

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

MAGA was created on 2017-09-06 by Point Bridge Capital. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 30.25m in AUM and 152 holdings. MAGA tracks an index of US large-cap companies whose employees and political action committees are highly supportive of Republican candidates.

Point Bridge America First ETF (MAGA) Chart

Key Statistics of Point Bridge America First ETF (MAGA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
22.22%
Financials
19.10%
Utilities
11.42%
Energy
11.01%
Materials
9.78%
Consumer Discretionary
7.58%
Consumer Staples
5.67%
Real Estate
4.08%
Health Care
3.34%
Information Technology
2.89%
Other
2.32%
Communication Services
0.59%

FAQ's for Point Bridge America First ETF (MAGA)

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