Is Strive Mid-Cap ETF halal to invest in?

As of September 2026, Strive Mid-Cap ETF STXM 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 Strive Mid-Cap 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 Strive Mid-Cap ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Strive Mid-Cap ETF updated?

The Shariah compliance status of Strive Mid-Cap 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 Strive Mid-Cap 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 Strive Mid-Cap ETF?

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

Strive Mid-Cap ETF STXM

STXM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Strive Mid-Cap ETF is classified as not halal.

NOT HALAL

Is Strive Mid-Cap ETF Halal?

Shariah Compliance Analysis of STXM ETF

US Equity Mid Cap

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

STXM was created on 2024-04-11 by Strive. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 21.5m in AUM and 403 holdings. STXM tracks an index of 400 US mid-cap stocks selected and weighted based on market capitalization.

Strive Mid-Cap ETF (STXM) Chart

Key Statistics of Strive Mid-Cap ETF (STXM)

Today's Open

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FAQ's for Strive Mid-Cap ETF (STXM)

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