Is Motley Fool Next Index ETF halal to invest in?

As of September 2026, Motley Fool Next Index ETF TMFX 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 Motley Fool Next Index 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 Motley Fool Next Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Motley Fool Next Index ETF updated?

The Shariah compliance status of Motley Fool Next Index 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 Motley Fool Next Index 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 Motley Fool Next Index ETF?

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

Motley Fool Next Index ETF TMFX

TMFX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Motley Fool Next Index ETF is classified as not halal.

NOT HALAL

Is Motley Fool Next Index ETF Halal?

Shariah Compliance Analysis of TMFX ETF

US Equity Extended Market

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

TMFX was created on 2021-12-29 by Motley Fool. The fund's investment portfolio concentrates primarily on extended market equity. The ETF currently has 34.06m in AUM and 195 holdings. TMFX tracks a market-cap-weighted index of mid- and small-cap US companies recommended by Motley Fools analysts and newsletters, excluding the 100 largest securities in the pool.

Motley Fool Next Index ETF (TMFX) Chart

Key Statistics of Motley Fool Next Index ETF (TMFX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
25.84%
Industrials
18.85%
Consumer Discretionary
18.11%
Health Care
12.48%
Financials
10.80%
Communication Services
5.76%
Consumer Staples
4.01%
Materials
1.23%
Other
1.17%
Energy
1.11%
Real Estate
0.64%

FAQ's for Motley Fool Next Index ETF (TMFX)

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