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SmartBe Global Value Momentum Trend Index ETF SBEA.NE

Is SmartBe Global Value Momentum Trend Index ETF Halal?

Shariah Compliance Analysis of SBEA.NE ETF

No. As of October 2026, SmartBe Global Value Momentum Trend Index ETF (SBEA.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SBEA.NE was created on 2019-01-31 by SmartBe. The fund's investment portfolio concentrates primarily on total market equity. SBEA.NE tracks an index of six sub-indexes: value and momentum strategies, applied to Canadian, US, and developed international equity. The components are weighted for equal risk contribution. Underperforming components will be replaced with a broad index of Canadian fixed income.

SBEA.NE Shariah Compliance

As of October 2026, SmartBe Global Value Momentum Trend Index ETF is classified as not halal.

NOT HALAL

SmartBe Global Value Momentum Trend Index ETF (SBEA.NE) Chart

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