Is Themes Transatlantic Defense ETF halal to invest in?

As of September 2026, Themes Transatlantic Defense ETF NATO 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 Themes Transatlantic Defense 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 Themes Transatlantic Defense ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Themes Transatlantic Defense ETF updated?

The Shariah compliance status of Themes Transatlantic Defense 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 Themes Transatlantic Defense 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 Themes Transatlantic Defense ETF?

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

Themes Transatlantic Defense ETF NATO

NATO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Themes Transatlantic Defense ETF is classified as not halal.

NOT HALAL

Is Themes Transatlantic Defense ETF Halal?

Shariah Compliance Analysis of NATO ETF

US Equity Industrials

No. As of September 2026, Themes Transatlantic Defense ETF (NATO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Themes Transatlantic Defense ETF does not pass Musaffa's business and financial screening criteria.

NATO was created on 2024-10-11 by Themes. The fund's investment portfolio concentrates primarily on industrials equity. The ETF currently has 60.25m in AUM and 80 holdings. NATO tracks an all-cap index of companies that have business operations in the aerospace and defense industry and are headquartered in North Atlantic Treaty Organization member countries. Companies are selected based on tie to the industry and weighted by market-cap.

Themes Transatlantic Defense ETF (NATO) Chart

Key Statistics of Themes Transatlantic Defense ETF (NATO)

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FAQ's for Themes Transatlantic Defense ETF (NATO)

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