Is Themes US Small Cap Cash Flow Champions ETF halal to invest in?

As of September 2026, Themes US Small Cap Cash Flow Champions ETF SMCF 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 Themes US Small Cap Cash Flow Champions 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 Themes US Small Cap Cash Flow Champions ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Themes US Small Cap Cash Flow Champions ETF updated?

The Shariah compliance status of Themes US Small Cap Cash Flow Champions 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 Themes US Small Cap Cash Flow Champions 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 Themes US Small Cap Cash Flow Champions ETF?

You can check the latest Shariah compliance status of Themes US Small Cap Cash Flow Champions ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Themes US Small Cap Cash Flow Champions ETF SMCF

SMCF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Themes US Small Cap Cash Flow Champions ETF is classified as not halal.

NOT HALAL

Is Themes US Small Cap Cash Flow Champions ETF Halal?

Shariah Compliance Analysis of SMCF ETF

US Equity Small Cap

No. As of September 2026, Themes US Small Cap Cash Flow Champions ETF (SMCF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Themes US Small Cap Cash Flow Champions ETF does not pass Musaffa's business and financial screening criteria.

SMCF was created on 2023-12-13 by Themes. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 2.34m in AUM and 77 holdings. SMCF tracks a market cap-weighted index of 75 US small-cap companies identified to have high cash flow yield.

Themes US Small Cap Cash Flow Champions ETF (SMCF) Chart

Key Statistics of Themes US Small Cap Cash Flow Champions ETF (SMCF)

Today's Open

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Avg. Volume

Expense Ratio

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FAQ's for Themes US Small Cap Cash Flow Champions ETF (SMCF)

As of September 2026, Themes US Small Cap Cash Flow Champions ETF SMCF 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 Themes US Small Cap Cash Flow Champions ETF using these criteria to determine its compliance status.
The Shariah compliance status of Themes US Small Cap Cash Flow Champions 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 Themes US Small Cap Cash Flow Champions ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.