As of September 2026, Amplify Samsung SOFR ETF is classified as not halal.
NOT HALAL
Is Amplify Samsung SOFR ETF Halal?
Shariah Compliance Analysis of SOFR ETF
US Fixed Income Investment Grade
No. As of September 2026, Amplify Samsung SOFR ETF (SOFR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Amplify Samsung SOFR ETF does not pass Musaffa's business and financial screening criteria.
SOFR was created on 2023-11-15 by Amplify. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 359.25m in AUM and 2 holdings. SOFR is actively managed, focusing mainly on repurchase agreements (repo) with the intent to mirror the Secured Overnight Financing Rate. The fund seeks to generate higher monthly income over cash portfolios while limiting yield curve exposure.
Amplify Samsung SOFR ETF (SOFR) Chart
Key Statistics of Amplify Samsung SOFR ETF (SOFR)
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FAQ's for Amplify Samsung SOFR ETF (SOFR)
As of September 2026, Amplify Samsung SOFR ETF SOFR 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 Samsung SOFR ETF using these criteria to determine its compliance status.
The Shariah compliance status of Amplify Samsung SOFR 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 Samsung SOFR ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.