Is Amplify Small-Mid Cap Equity ETF halal to invest in?

As of September 2026, Amplify Small-Mid Cap Equity ETF SMAP 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 Amplify Small-Mid Cap Equity 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 Amplify Small-Mid Cap Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Amplify Small-Mid Cap Equity ETF updated?

The Shariah compliance status of Amplify Small-Mid Cap Equity 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 Amplify Small-Mid Cap Equity 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 Amplify Small-Mid Cap Equity ETF?

You can check the latest Shariah compliance status of Amplify Small-Mid Cap Equity ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Amplify Small-Mid Cap Equity ETF SMAP

SMAP Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Amplify Small-Mid Cap Equity ETF is classified as not halal.

NOT HALAL

Is Amplify Small-Mid Cap Equity ETF Halal?

Shariah Compliance Analysis of SMAP ETF

US Equity Extended Market

No. As of September 2026, Amplify Small-Mid Cap Equity ETF (SMAP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Amplify Small-Mid Cap Equity ETF does not pass Musaffa's business and financial screening criteria.

SMAP was created on 2024-10-23 by Amplify. The fund's investment portfolio concentrates primarily on extended market equity. The ETF currently has 1.26m in AUM and 59 holdings. SMAP is actively managed, targeting US small- to mid-cap stocks through an economic return framework that assesses key financial factors and incorporates ESG criteria. The fund aims to achieve capital appreciation

Amplify Small-Mid Cap Equity ETF (SMAP) Chart

Key Statistics of Amplify Small-Mid Cap Equity ETF (SMAP)

Today's Open

AUM

Avg. Volume

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FAQ's for Amplify Small-Mid Cap Equity ETF (SMAP)

As of September 2026, Amplify Small-Mid Cap Equity ETF SMAP 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 Amplify Small-Mid Cap Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of Amplify Small-Mid Cap Equity 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 Amplify Small-Mid Cap Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.