As of September 2026, Lazard Next Gen Technologies ETF is classified as doubtful.
DOUBTFUL
Is Lazard Next Gen Technologies ETF Halal?
Shariah Compliance Analysis of TEKY ETF
US Equity Theme
No. As of September 2026, Lazard Next Gen Technologies ETF (TEKY) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Lazard Next Gen Technologies ETF does not fully pass Musaffa's business and financial screening criteria.
TEKY was created on 2025-04-04 by Lazard. The fund's investment portfolio concentrates primarily on theme equity. TEKY seeks long-term capital appreciation by actively managing a narrow portfolio of global companies involved in the developing or enabling of AI next-generation technologies.
Lazard Next Gen Technologies ETF (TEKY) Chart
Key Statistics of Lazard Next Gen Technologies ETF (TEKY)
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FAQ's for Lazard Next Gen Technologies ETF (TEKY)
As of September 2026, Lazard Next Gen Technologies ETF TEKY is classified as doubtful 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 Lazard Next Gen Technologies ETF using these criteria to determine its compliance status.
The Shariah compliance status of Lazard Next Gen Technologies 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 Lazard Next Gen Technologies ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.