Is Gotham Short Strategies ETF halal to invest in?

As of September 2026, Gotham Short Strategies ETF SHRT 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 Gotham Short Strategies 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 Gotham Short Strategies ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Gotham Short Strategies ETF updated?

The Shariah compliance status of Gotham Short Strategies 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 Gotham Short Strategies 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 Gotham Short Strategies ETF?

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

Gotham Short Strategies ETF SHRT

SHRT Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Gotham Short Strategies ETF is classified as not halal.

NOT HALAL

Is Gotham Short Strategies ETF Halal?

Shariah Compliance Analysis of SHRT ETF

US Equity Total Market

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

SHRT was created on 2023-11-06 by Gotham. The fund's investment portfolio concentrates primarily on total market equity. SHRT takes both long and short positions in US-listed stocks and swaps. The actively managed fund will typically be 50% net short exposure.

Gotham Short Strategies ETF (SHRT) Chart

Key Statistics of Gotham Short Strategies ETF (SHRT)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
77.64%
Industrials
4.51%
Materials
4.20%
Health Care
3.23%
Information Technology
2.47%
Consumer Discretionary
2.15%
Consumer Staples
2.05%
Energy
1.74%
Utilities
1.23%
Communication Services
0.78%

FAQ's for Gotham Short Strategies ETF (SHRT)

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