Is Putnam BioRevolution ETF halal to invest in?

As of September 2026, Putnam BioRevolution ETF SYNB 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 Putnam BioRevolution 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 Putnam BioRevolution ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Putnam BioRevolution ETF updated?

The Shariah compliance status of Putnam BioRevolution 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 Putnam BioRevolution 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 Putnam BioRevolution ETF?

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

Putnam BioRevolution ETF SYNB

SYNB Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Putnam BioRevolution ETF is classified as not halal.

NOT HALAL

Is Putnam BioRevolution ETF Halal?

Shariah Compliance Analysis of SYNB ETF

US Equity Theme

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

SYNB was created on 2022-09-29 by Putnam. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 5.43m in AUM and 35 holdings. SYNB actively invests in companies of all sizes around the globe that enable biological innovation.

Putnam BioRevolution ETF (SYNB) Chart

Key Statistics of Putnam BioRevolution ETF (SYNB)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
52.74%
Materials
15.47%
Other
12.56%
Information Technology
7.45%
Consumer Staples
5.31%
Communication Services
4.67%
Consumer Discretionary
1.80%

FAQ's for Putnam BioRevolution ETF (SYNB)

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