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Aztlan North America Nearshoring Stock Selection ETF NRSH
NRSH Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Aztlan North America Nearshoring Stock Selection ETF is classified as not halal.
NOT HALAL
Is Aztlan North America Nearshoring Stock Selection ETF Halal?
Shariah Compliance Analysis of NRSH ETF
No. As of September 2026, Aztlan North America Nearshoring Stock Selection ETF (NRSH) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Aztlan North America Nearshoring Stock Selection ETF does not pass Musaffa's business and financial screening criteria.
NRSH was created on 2023-11-29 by Aztlan . The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 20.23m in AUM and 32 holdings. NRSH tracks a liquidity-weighted index of North American companies that practice transferring business operations to nearby countries. The fund uses a multi-factor model in selecting industrial real estate and logistics companies.
Aztlan North America Nearshoring Stock Selection ETF (NRSH) Chart
Key Statistics of Aztlan North America Nearshoring Stock Selection ETF (NRSH)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Industrials86.12%
- Real Estate13.63%
- Other0.25%
FAQ's for Aztlan North America Nearshoring Stock Selection ETF (NRSH)
- As of September 2026, Aztlan North America Nearshoring Stock Selection ETF NRSH 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 Aztlan North America Nearshoring Stock Selection ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Aztlan North America Nearshoring Stock Selection 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 Aztlan North America Nearshoring Stock Selection ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
