Is SMART Trend 25 ETF halal to invest in?

As of September 2026, SMART Trend 25 ETF STRN 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 SMART Trend 25 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 SMART Trend 25 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SMART Trend 25 ETF updated?

The Shariah compliance status of SMART Trend 25 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 SMART Trend 25 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 SMART Trend 25 ETF?

You can check the latest Shariah compliance status of SMART Trend 25 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SMART Trend 25 ETF STRN

STRN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SMART Trend 25 ETF is classified as not halal.

NOT HALAL

Is SMART Trend 25 ETF Halal?

Shariah Compliance Analysis of STRN ETF

US Equity Large Cap

No. As of September 2026, SMART Trend 25 ETF (STRN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SMART Trend 25 ETF does not pass Musaffa's business and financial screening criteria.

STRN was created on 2025-08-20 by Smart. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 10.67m in AUM and 23 holdings. STRN actively invests in equity securities of 25 US large-cap companies, selected based on price momentum and fundamental analysis. Constituents are market cap-weighted.

SMART Trend 25 ETF (STRN) Chart

Key Statistics of SMART Trend 25 ETF (STRN)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for SMART Trend 25 ETF (STRN)

As of September 2026, SMART Trend 25 ETF STRN 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 SMART Trend 25 ETF using these criteria to determine its compliance status.
The Shariah compliance status of SMART Trend 25 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 SMART Trend 25 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.