Is CCM Affordable Housing MBS ETF halal to invest in?

As of September 2026, CCM Affordable Housing MBS ETF OWNS 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 CCM Affordable Housing MBS 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 CCM Affordable Housing MBS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CCM Affordable Housing MBS ETF updated?

The Shariah compliance status of CCM Affordable Housing MBS 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 CCM Affordable Housing MBS 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 CCM Affordable Housing MBS ETF?

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

CCM Affordable Housing MBS ETF OWNS

OWNS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CCM Affordable Housing MBS ETF is classified as not halal.

NOT HALAL

Is CCM Affordable Housing MBS ETF Halal?

Shariah Compliance Analysis of OWNS ETF

US Fixed Income Investment Grade

No. As of September 2026, CCM Affordable Housing MBS ETF (OWNS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CCM Affordable Housing MBS ETF does not pass Musaffa's business and financial screening criteria.

OWNS was created on 2021-07-26 by CCM. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 112.83m in AUM and 245 holdings. OWNS seeks to generate current income from an actively managed portfolio of investment grade, fixed income securities backed by mortgage loans made to low- and moderate-income borrowers and minorities.

CCM Affordable Housing MBS ETF (OWNS) Chart

Key Statistics of CCM Affordable Housing MBS ETF (OWNS)

Today's Open

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FAQ's for CCM Affordable Housing MBS ETF (OWNS)

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