As of September 2026, Fount Metaverse ETF is classified as not halal.
NOT HALAL
Is Fount Metaverse ETF Halal?
Shariah Compliance Analysis of MTVR ETF
US Equity Theme
No. As of September 2026, Fount Metaverse ETF (MTVR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Fount Metaverse ETF does not pass Musaffa's business and financial screening criteria.
MTVR was created on 2021-10-27 by Fount. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 5.4m in AUM and 52 holdings. MTVR tracks a modified market-cap-weighted index of globally-listed companies involved in the future iteration of the internetthe metaverse.
Fount Metaverse ETF (MTVR) Chart
Key Statistics of Fount Metaverse ETF (MTVR)
Today's Open
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AUM
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Avg. Volume
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Expense Ratio
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P/E Ratio
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P/B Ratio
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Sector Exposure
Communication Services
54.45%
Consumer Discretionary
20.29%
Information Technology
19.24%
Other
6.02%
FAQ's for Fount Metaverse ETF (MTVR)
As of September 2026, Fount Metaverse ETF MTVR 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 Fount Metaverse ETF using these criteria to determine its compliance status.
The Shariah compliance status of Fount Metaverse 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 Fount Metaverse ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.