As of September 2026, SanJac Alpha Low Duration ETF is classified as not halal.
NOT HALAL
Is SanJac Alpha Low Duration ETF Halal?
Shariah Compliance Analysis of SJLD ETF
US Fixed Income Investment Grade
No. As of September 2026, SanJac Alpha Low Duration ETF (SJLD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SanJac Alpha Low Duration ETF does not pass Musaffa's business and financial screening criteria.
SJLD was created on 2024-09-10 by SanJac Alpha. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 2.27m in AUM and 14 holdings. SJLD is actively managed, aiming to provide current income while preserving capital and ensuring daily liquidity by investing in short-term, investment-grade US government debts.
SanJac Alpha Low Duration ETF (SJLD) Chart
Key Statistics of SanJac Alpha Low Duration ETF (SJLD)
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FAQ's for SanJac Alpha Low Duration ETF (SJLD)
As of September 2026, SanJac Alpha Low Duration ETF SJLD 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 SanJac Alpha Low Duration ETF using these criteria to determine its compliance status.
The Shariah compliance status of SanJac Alpha Low Duration 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 SanJac Alpha Low Duration ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.