Is Astoria US Equal Weight Quality Kings ETF halal to invest in?

As of September 2026, Astoria US Equal Weight Quality Kings ETF ROE 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 Astoria US Equal Weight Quality Kings 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 Astoria US Equal Weight Quality Kings ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Astoria US Equal Weight Quality Kings ETF updated?

The Shariah compliance status of Astoria US Equal Weight Quality Kings 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 Astoria US Equal Weight Quality Kings 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 Astoria US Equal Weight Quality Kings ETF?

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

Astoria US Equal Weight Quality Kings ETF ROE

ROE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Astoria US Equal Weight Quality Kings ETF is classified as not halal.

NOT HALAL

Is Astoria US Equal Weight Quality Kings ETF Halal?

Shariah Compliance Analysis of ROE ETF

US Equity Total Market

No. As of September 2026, Astoria US Equal Weight Quality Kings ETF (ROE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Astoria US Equal Weight Quality Kings ETF does not pass Musaffa's business and financial screening criteria.

ROE was created on 2023-08-01 by Astoria. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 175.15m in AUM and 102 holdings. ROE is actively managed, seeking to provide long-term capital appreciation by investing in 100 high-quality US stocks in the large- and mid-cap space based on proprietary quantitative screens. Holdings are equally weighted and sector-optimized.

Astoria US Equal Weight Quality Kings ETF (ROE) Chart

Key Statistics of Astoria US Equal Weight Quality Kings ETF (ROE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
29.74%
Financials
12.94%
Health Care
12.73%
Consumer Discretionary
10.25%
Industrials
9.10%
Communication Services
8.93%
Consumer Staples
5.97%
Energy
4.08%
Materials
2.03%
Utilities
2.01%
Real Estate
2.00%
Other
0.22%

FAQ's for Astoria US Equal Weight Quality Kings ETF (ROE)

As of September 2026, Astoria US Equal Weight Quality Kings ETF ROE 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 Astoria US Equal Weight Quality Kings ETF using these criteria to determine its compliance status.
The Shariah compliance status of Astoria US Equal Weight Quality Kings 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 Astoria US Equal Weight Quality Kings ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.