Is SmartBe Global Value Momentum Trend Index ETF halal to invest in?

As of September 2026, SmartBe Global Value Momentum Trend Index ETF SBEA.NE 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 SmartBe Global Value Momentum Trend Index 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 SmartBe Global Value Momentum Trend Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SmartBe Global Value Momentum Trend Index ETF updated?

The Shariah compliance status of SmartBe Global Value Momentum Trend Index 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 SmartBe Global Value Momentum Trend Index 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 SmartBe Global Value Momentum Trend Index ETF?

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

SmartBe Global Value Momentum Trend Index ETF SBEA.NE

SBEA.NE Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is SmartBe Global Value Momentum Trend Index ETF Halal?

Shariah Compliance Analysis of SBEA.NE ETF

CA Equity Total Market

No. As of September 2026, SmartBe Global Value Momentum Trend Index ETF (SBEA.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SmartBe Global Value Momentum Trend Index ETF does not pass Musaffa's business and financial screening criteria.

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.

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

Key Statistics of SmartBe Global Value Momentum Trend Index ETF (SBEA.NE)

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FAQ's for SmartBe Global Value Momentum Trend Index ETF (SBEA.NE)

As of September 2026, SmartBe Global Value Momentum Trend Index ETF SBEA.NE 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 SmartBe Global Value Momentum Trend Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of SmartBe Global Value Momentum Trend Index 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 SmartBe Global Value Momentum Trend Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.