As of September 2026, AXS Short China Internet ETF is classified as not halal.
NOT HALAL
Is AXS Short China Internet ETF Halal?
Shariah Compliance Analysis of SWEB ETF
US Equity Theme
No. As of September 2026, AXS Short China Internet ETF (SWEB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. AXS Short China Internet ETF does not pass Musaffa's business and financial screening criteria.
SWEB was created on 2022-05-02 by AXS Investments. The fund's investment portfolio concentrates primarily on theme equity. SWEB is an actively managed fund-of-fund that seeks to achieve -1x the return, for a single day, of the KraneShares CSI China Internet ETF (KWEB) through swap agreements with major global financial institutions.
AXS Short China Internet ETF (SWEB) Chart
Key Statistics of AXS Short China Internet ETF (SWEB)
Today's Open
-
AUM
-
Avg. Volume
-
Expense Ratio
-
P/E Ratio
-
P/B Ratio
-
FAQ's for AXS Short China Internet ETF (SWEB)
As of September 2026, AXS Short China Internet ETF SWEB 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 AXS Short China Internet ETF using these criteria to determine its compliance status.
The Shariah compliance status of AXS Short China Internet 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 AXS Short China Internet ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.