Is Subversive Mental Health ETF halal to invest in?

As of September 2026, Subversive Mental Health ETF SANE 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 Mental Health 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 Mental Health ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Subversive Mental Health ETF updated?

The Shariah compliance status of Subversive Mental Health 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 Mental Health 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 Mental Health ETF?

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

Subversive Mental Health ETF SANE

SANE Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Subversive Mental Health ETF Halal?

Shariah Compliance Analysis of SANE ETF

US Equity Health Care

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

SANE was created on 2022-12-23 by Subversive. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 0.6m in AUM and 28 holdings. SANE actively invests in mental health companies around the world, selected based on quantitative and qualitative factors.

Subversive Mental Health ETF (SANE) Chart

Key Statistics of Subversive Mental Health ETF (SANE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
53.39%
Other
26.86%
Consumer Discretionary
14.81%
Information Technology
4.94%

FAQ's for Subversive Mental Health ETF (SANE)

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