Is AXS Green Alpha ETF halal to invest in?

As of September 2026, AXS Green Alpha ETF NXTE 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 AXS Green Alpha 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 AXS Green Alpha ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AXS Green Alpha ETF updated?

The Shariah compliance status of AXS Green Alpha 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 AXS Green Alpha 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 AXS Green Alpha ETF?

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

AXS Green Alpha ETF NXTE

NXTE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AXS Green Alpha ETF is classified as not halal.

NOT HALAL

Is AXS Green Alpha ETF Halal?

Shariah Compliance Analysis of NXTE ETF

US Equity Theme

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

NXTE was created on 2022-09-27 by AXS Investments. The fund's investment portfolio concentrates primarily on theme equity. NXTE actively seeks long-term capital appreciation by targeting global all-cap companies focused towards a sustainable environment and economy. Securities are selected based on their contribution to the four pillars of sustainability, whilst exhibiting both growth and value characteristics.

AXS Green Alpha ETF (NXTE) Chart

Key Statistics of AXS Green Alpha ETF (NXTE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
29.63%
Other
16.67%
Real Estate
13.97%
Industrials
10.69%
Consumer Staples
9.00%
Health Care
8.70%
Financials
4.52%
Consumer Discretionary
4.30%
Utilities
2.42%
Materials
0.10%

FAQ's for AXS Green Alpha ETF (NXTE)

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