As of September 2026, Roundhill Pro Sports Media & Apparel ETF is classified as not halal.
NOT HALAL
Is Roundhill Pro Sports Media & Apparel ETF Halal?
Shariah Compliance Analysis of MVP ETF
US Equity Total Market
No. As of September 2026, Roundhill Pro Sports Media & Apparel ETF (MVP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Roundhill Pro Sports Media & Apparel ETF does not pass Musaffa's business and financial screening criteria.
MVP was created on 2021-03-17 by Roundhill. The fund's investment portfolio concentrates primarily on total market equity. MVP is an actively-managed fund that seeks to provide broad exposure to the professional sports industry globally.
Roundhill Pro Sports Media & Apparel ETF (MVP) Chart
Key Statistics of Roundhill Pro Sports Media & Apparel ETF (MVP)
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FAQ's for Roundhill Pro Sports Media & Apparel ETF (MVP)
As of September 2026, Roundhill Pro Sports Media & Apparel ETF MVP 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 Pro Sports Media & Apparel ETF using these criteria to determine its compliance status.
The Shariah compliance status of Roundhill Pro Sports Media & Apparel 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 Pro Sports Media & Apparel ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.