Is Sprott Active Metals & Miners ETF halal to invest in?

As of September 2026, Sprott Active Metals & Miners ETF METL 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 Sprott Active Metals & Miners 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 Sprott Active Metals & Miners ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Sprott Active Metals & Miners ETF updated?

The Shariah compliance status of Sprott Active Metals & Miners 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 Sprott Active Metals & Miners 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 Sprott Active Metals & Miners ETF?

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

Sprott Active Metals & Miners ETF METL

METL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Sprott Active Metals & Miners ETF is classified as not halal.

NOT HALAL

Is Sprott Active Metals & Miners ETF Halal?

Shariah Compliance Analysis of METL ETF

US Equity Materials

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

METL was created on 2025-09-09 by Sprott. The fund's investment portfolio concentrates primarily on materials equity. METL broadly invests in companies with exposure to high-demand metals and raw materials. The actively managed ETF selects undervalued companies from around the world across the metals and mining industry lifecycle.

Sprott Active Metals & Miners ETF (METL) Chart

Key Statistics of Sprott Active Metals & Miners ETF (METL)

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FAQ's for Sprott Active Metals & Miners ETF (METL)

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