Is ClearShares Ultra-Short Maturity ETF halal to invest in?

As of September 2026, ClearShares Ultra-Short Maturity ETF OPER 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 ClearShares Ultra-Short Maturity 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 ClearShares Ultra-Short Maturity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ClearShares Ultra-Short Maturity ETF updated?

The Shariah compliance status of ClearShares Ultra-Short Maturity 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 ClearShares Ultra-Short Maturity 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 ClearShares Ultra-Short Maturity ETF?

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

ClearShares Ultra-Short Maturity ETF OPER

OPER Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ClearShares Ultra-Short Maturity ETF is classified as not halal.

NOT HALAL

Is ClearShares Ultra-Short Maturity ETF Halal?

Shariah Compliance Analysis of OPER ETF

US Fixed Income Broad Credit

No. As of September 2026, ClearShares Ultra-Short Maturity ETF (OPER) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ClearShares Ultra-Short Maturity ETF does not pass Musaffa's business and financial screening criteria.

OPER was created on 2018-07-10 by ClearShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 120.3m in AUM and 2 holdings. OPER is an actively managed portfolio seeking current income by investing primarily in repurchase agreements, with a portfolio maturity of less than one year.

ClearShares Ultra-Short Maturity ETF (OPER) Chart

Key Statistics of ClearShares Ultra-Short Maturity ETF (OPER)

Today's Open

AUM

Avg. Volume

Expense Ratio

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P/B Ratio

FAQ's for ClearShares Ultra-Short Maturity ETF (OPER)

As of September 2026, ClearShares Ultra-Short Maturity ETF OPER 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 ClearShares Ultra-Short Maturity ETF using these criteria to determine its compliance status.
The Shariah compliance status of ClearShares Ultra-Short Maturity 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 ClearShares Ultra-Short Maturity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.