Is Roundhill MEME ETF halal to invest in?

As of September 2026, Roundhill MEME ETF MEME 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 Roundhill MEME 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 Roundhill MEME ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Roundhill MEME ETF updated?

The Shariah compliance status of Roundhill MEME 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 Roundhill MEME 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 Roundhill MEME ETF?

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

Roundhill MEME ETF MEME

MEME Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Roundhill MEME ETF is classified as not halal.

NOT HALAL

Is Roundhill MEME ETF Halal?

Shariah Compliance Analysis of MEME ETF

US Equity Total Market

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

MEME was created on 2021-12-08 by Roundhill. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 2.8m in AUM and 27 holdings. MEME tracks an equal-weighted index of 25 US-listed stocks selected baesd on a high social media activity score and high short interest percentage.

Roundhill MEME ETF (MEME) Chart

Key Statistics of Roundhill MEME ETF (MEME)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
30.42%
Consumer Discretionary
28.33%
Information Technology
20.93%
Communication Services
7.53%
Industrials
5.91%
Energy
3.78%
Health Care
2.71%
Other
0.39%

FAQ's for Roundhill MEME ETF (MEME)

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