Is Strategy Shares Halt Climate Change ETF halal to invest in?

As of September 2026, Strategy Shares Halt Climate Change ETF NZRO 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 Strategy Shares Halt Climate Change 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 Strategy Shares Halt Climate Change ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Strategy Shares Halt Climate Change ETF updated?

The Shariah compliance status of Strategy Shares Halt Climate Change 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 Strategy Shares Halt Climate Change 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 Strategy Shares Halt Climate Change ETF?

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

Strategy Shares Halt Climate Change ETF NZRO

NZRO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Strategy Shares Halt Climate Change ETF is classified as not halal.

NOT HALAL

Is Strategy Shares Halt Climate Change ETF Halal?

Shariah Compliance Analysis of NZRO ETF

US Equity Theme

No. As of September 2026, Strategy Shares Halt Climate Change ETF (NZRO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Strategy Shares Halt Climate Change ETF does not pass Musaffa's business and financial screening criteria.

NZRO was created on 2022-01-10 by Strategy Shares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 1.05m in AUM and 93 holdings. NZRO is an actively-managed portfolio of environmentally-friendly companies around the world, focusing on solving climate change through carbon reduction.

Strategy Shares Halt Climate Change ETF (NZRO) Chart

Key Statistics of Strategy Shares Halt Climate Change ETF (NZRO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
29.91%
Health Care
21.46%
Industrials
15.26%
Utilities
7.37%
Communication Services
5.83%
Financials
5.74%
Other
5.07%
Consumer Discretionary
4.49%
Materials
2.22%
Consumer Staples
1.72%
Real Estate
0.61%
Energy
0.32%

FAQ's for Strategy Shares Halt Climate Change ETF (NZRO)

As of September 2026, Strategy Shares Halt Climate Change ETF NZRO 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 Strategy Shares Halt Climate Change ETF using these criteria to determine its compliance status.
The Shariah compliance status of Strategy Shares Halt Climate Change 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 Strategy Shares Halt Climate Change ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.