Is MUSQ Global Music Industry Index ETF halal to invest in?

As of September 2026, MUSQ Global Music Industry Index ETF MUSQ 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 MUSQ Global Music Industry Index 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 MUSQ Global Music Industry Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for MUSQ Global Music Industry Index ETF updated?

The Shariah compliance status of MUSQ Global Music Industry Index 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 MUSQ Global Music Industry Index 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 MUSQ Global Music Industry Index ETF?

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

MUSQ Global Music Industry Index ETF MUSQ

MUSQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, MUSQ Global Music Industry Index ETF is classified as not halal.

NOT HALAL

Is MUSQ Global Music Industry Index ETF Halal?

Shariah Compliance Analysis of MUSQ ETF

US Equity Communication Services

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

MUSQ was created on 2023-07-06 by MUSQ. The fund's investment portfolio concentrates primarily on communication services equity. The ETF currently has 24.22m in AUM and 33 holdings. MUSQ tracks an index that selects and weights its holdings based on market capitalization, of companies tied to the global music industry. Components are publicly traded companies and royalty funds with a core business interest in the music industry.

MUSQ Global Music Industry Index ETF (MUSQ) Chart

Key Statistics of MUSQ Global Music Industry Index ETF (MUSQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
73.54%
Consumer Discretionary
17.13%
Information Technology
7.68%
Other
1.65%

FAQ's for MUSQ Global Music Industry Index ETF (MUSQ)

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