Is Cambria Cannabis ETF halal to invest in?

As of September 2026, Cambria Cannabis ETF TOKE 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 Cambria Cannabis 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 Cambria Cannabis ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Cambria Cannabis ETF updated?

The Shariah compliance status of Cambria Cannabis 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 Cambria Cannabis 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 Cambria Cannabis ETF?

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

Cambria Cannabis ETF TOKE

TOKE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Cambria Cannabis ETF is classified as not halal.

NOT HALAL

Is Cambria Cannabis ETF Halal?

Shariah Compliance Analysis of TOKE ETF

US Equity Theme

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

TOKE was created on 2019-07-25 by Cambria. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 17.46m in AUM and 16 holdings. TOKE is an actively-managed portfolio of globally-listed companies related to cannabis and hemp.

Cambria Cannabis ETF (TOKE) Chart

Key Statistics of Cambria Cannabis ETF (TOKE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
74.21%
Consumer Staples
14.99%
Health Care
8.05%
Real Estate
1.53%
Financials
0.80%
Information Technology
0.42%

FAQ's for Cambria Cannabis ETF (TOKE)

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