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ALPS Medical Breakthroughs ETF SBIO

Is ALPS Medical Breakthroughs ETF Halal?

Shariah Compliance Analysis of SBIO ETF

No. As of October 2026, ALPS Medical Breakthroughs ETF (SBIO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SBIO was created on 2014-12-31 by ALPS. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 126.84m in AUM and 89 holdings. SBIO tracks, a market-cap weighted index comprising US-listed biotech companies with one or more drugs currently in either Phase II or Phase III FDA clinical trials.

SBIO Shariah Compliance

As of October 2026, ALPS Medical Breakthroughs ETF is classified as not halal.

NOT HALAL

ALPS Medical Breakthroughs ETF (SBIO) Chart

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