Is Tema Durable Quality ETF halal to invest in?

As of September 2026, Tema Durable Quality ETF TOLL 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 Tema Durable Quality 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 Tema Durable Quality ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Tema Durable Quality ETF updated?

The Shariah compliance status of Tema Durable Quality 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 Tema Durable Quality 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 Tema Durable Quality ETF?

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

Tema Durable Quality ETF TOLL

TOLL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Tema Durable Quality ETF is classified as not halal.

NOT HALAL

Is Tema Durable Quality ETF Halal?

Shariah Compliance Analysis of TOLL ETF

US Equity Total Market

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

TOLL was created on 2023-05-11 by Tema. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 68.13m in AUM and 43 holdings. TOLL is an actively managed fund that invests in companies perceived as monopolies or oligopolies. The fund aims to identify quality companies from around the world characterized by their strong competitive advantage and high barriers to entry.

Tema Durable Quality ETF (TOLL) Chart

Key Statistics of Tema Durable Quality ETF (TOLL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
39.27%
Financials
23.23%
Information Technology
16.42%
Health Care
11.78%
Materials
6.71%
Communication Services
1.69%
Other
0.90%

FAQ's for Tema Durable Quality ETF (TOLL)

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