As of September 2026, ROC ETF is classified as not halal.
NOT HALAL
Is ROC ETF Halal?
Shariah Compliance Analysis of ROCI ETF
US Equity Large Cap
No. As of September 2026, ROC ETF (ROCI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ROC ETF does not pass Musaffa's business and financial screening criteria.
ROCI was created on 2022-03-24 by ROC. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 5.56m in AUM and 88 holdings. ROCI is an actively managed fund of 75 to 150 large-cap US companies that are led by Chief Executive Officers (CEOs) considered to be of high-character as defined by the Issuer.
ROC ETF (ROCI) Chart
Key Statistics of ROC ETF (ROCI)
Today's Open
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AUM
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Avg. Volume
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Expense Ratio
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P/E Ratio
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P/B Ratio
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Sector Exposure
Information Technology
28.52%
Consumer Discretionary
12.37%
Financials
11.57%
Industrials
9.83%
Health Care
9.79%
Consumer Staples
8.39%
Communication Services
7.45%
Other
4.82%
Real Estate
3.36%
Energy
2.70%
Utilities
0.65%
Materials
0.55%
FAQ's for ROC ETF (ROCI)
As of September 2026, ROC ETF ROCI 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 ROC ETF using these criteria to determine its compliance status.
The Shariah compliance status of ROC 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 ROC ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.