As of September 2026, OneAscent Core Plus Bond ETF is classified as not halal.
NOT HALAL
Is OneAscent Core Plus Bond ETF Halal?
Shariah Compliance Analysis of OACP ETF
US Fixed Income Investment Grade
No. As of September 2026, OneAscent Core Plus Bond ETF (OACP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. OneAscent Core Plus Bond ETF does not pass Musaffa's business and financial screening criteria.
OACP was created on 2022-03-30 by Oneascent. The fund's investment portfolio concentrates primarily on investment grade fixed income. OACP is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria.
OneAscent Core Plus Bond ETF (OACP) Chart
Key Statistics of OneAscent Core Plus Bond ETF (OACP)
Today's Open
-
AUM
-
Avg. Volume
-
Expense Ratio
-
P/E Ratio
-
P/B Ratio
-
FAQ's for OneAscent Core Plus Bond ETF (OACP)
As of September 2026, OneAscent Core Plus Bond ETF OACP 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 OneAscent Core Plus Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of OneAscent Core Plus Bond 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 OneAscent Core Plus Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.