Is Subversive Metaverse ETF halal to invest in?

As of September 2026, Subversive Metaverse ETF PUNK 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 Subversive Metaverse 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 Subversive Metaverse ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Subversive Metaverse ETF updated?

The Shariah compliance status of Subversive Metaverse 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 Subversive Metaverse 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 Subversive Metaverse ETF?

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

Subversive Metaverse ETF PUNK

PUNK Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Subversive Metaverse ETF is classified as not halal.

NOT HALAL

Is Subversive Metaverse ETF Halal?

Shariah Compliance Analysis of PUNK ETF

US Equity Theme

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

PUNK was created on 2022-01-27 by Subversive. The fund's investment portfolio concentrates primarily on theme equity. PUNK is an actively managed portfolio of globally-listed companies engaged in the future iteration of the internet: the metaverse. The fund can also sell securities short.

Subversive Metaverse ETF (PUNK) Chart

Key Statistics of Subversive Metaverse ETF (PUNK)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
63.13%
Other
19.94%
Communication Services
9.22%
Health Care
4.18%
Financials
2.42%
Consumer Discretionary
1.11%

FAQ's for Subversive Metaverse ETF (PUNK)

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