As of September 2026, Lazard Equity Megatrends ETF is classified as not halal.
NOT HALAL
Is Lazard Equity Megatrends ETF Halal?
Shariah Compliance Analysis of THMZ ETF
US Equity Total Market
No. As of September 2026, Lazard Equity Megatrends ETF (THMZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Lazard Equity Megatrends ETF does not pass Musaffa's business and financial screening criteria.
THMZ was created on 2025-04-07 by Lazard. The fund's investment portfolio concentrates primarily on total market equity. THMZ is actively managed, seeking long-term capital appreciation by investing globally in companies of any market capitalization. The fund aims to identify global megatrends and themes that are likely to shape the future.
Lazard Equity Megatrends ETF (THMZ) Chart
Key Statistics of Lazard Equity Megatrends ETF (THMZ)
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FAQ's for Lazard Equity Megatrends ETF (THMZ)
As of September 2026, Lazard Equity Megatrends ETF THMZ 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 Lazard Equity Megatrends ETF using these criteria to determine its compliance status.
The Shariah compliance status of Lazard Equity Megatrends 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 Equity Megatrends ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.