As of September 2026, OneAscent Small Cap Core ETF is classified as not halal.
NOT HALAL
Is OneAscent Small Cap Core ETF Halal?
Shariah Compliance Analysis of OASC ETF
US Equity Extended Market
No. As of September 2026, OneAscent Small Cap Core ETF (OASC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. OneAscent Small Cap Core ETF does not pass Musaffa's business and financial screening criteria.
OASC was created on 2024-06-13 by Oneascent. The fund's investment portfolio concentrates primarily on extended market equity. OASC is actively managed to invest in 200 small- and mid-cap companies in the US. Security selection uses a proprietary, value-based screening process. The fund aims to achieve returns that exceed the Bloomberg US 2500 Total Return Index.
OneAscent Small Cap Core ETF (OASC) Chart
Key Statistics of OneAscent Small Cap Core ETF (OASC)
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FAQ's for OneAscent Small Cap Core ETF (OASC)
As of September 2026, OneAscent Small Cap Core ETF OASC 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 Small Cap Core ETF using these criteria to determine its compliance status.
The Shariah compliance status of OneAscent Small Cap Core 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 Small Cap Core ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.