As of September 2026, LHA Market State Alpha Seeker ETF is classified as not halal.
NOT HALAL
Is LHA Market State Alpha Seeker ETF Halal?
Shariah Compliance Analysis of MSVX ETF
US Equity Large Cap
No. As of September 2026, LHA Market State Alpha Seeker ETF (MSVX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. LHA Market State Alpha Seeker ETF does not pass Musaffa's business and financial screening criteria.
MSVX was created on 2020-05-13 by Little Harbor Advisors. The fund's investment portfolio concentrates primarily on large cap equity. MSVX is an actively managed portfolio that can take long or short positions on derivative instruments based on the implied volatility of the S&P 500 Index and the CBOE Volatility Index.
LHA Market State Alpha Seeker ETF (MSVX) Chart
Key Statistics of LHA Market State Alpha Seeker ETF (MSVX)
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FAQ's for LHA Market State Alpha Seeker ETF (MSVX)
As of September 2026, LHA Market State Alpha Seeker ETF MSVX 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 LHA Market State Alpha Seeker ETF using these criteria to determine its compliance status.
The Shariah compliance status of LHA Market State Alpha Seeker 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 LHA Market State Alpha Seeker ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.