Is Harvest Travel & Leisure Index ETF Trust Units A halal to invest in?

As of September 2026, Harvest Travel & Leisure Index ETF Trust Units A TRVL.TO 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 Harvest Travel & Leisure Index ETF Trust Units A 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 Harvest Travel & Leisure Index ETF Trust Units A using these criteria to determine its compliance status.

How often is the Shariah compliance for Harvest Travel & Leisure Index ETF Trust Units A updated?

The Shariah compliance status of Harvest Travel & Leisure Index ETF Trust Units A may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Harvest Travel & Leisure Index ETF Trust Units A 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 Harvest Travel & Leisure Index ETF Trust Units A?

You can check the latest Shariah compliance status of Harvest Travel & Leisure Index ETF Trust Units A on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Harvest Travel & Leisure Index ETF Trust Units A TRVL.TO

TRVL.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Harvest Travel & Leisure Index ETF Trust Units A is classified as not halal.

NOT HALAL

Is Harvest Travel & Leisure Index ETF Trust Units A Halal?

Shariah Compliance Analysis of TRVL.TO ETF

CA Equity Consumer Discretionary

No. As of September 2026, Harvest Travel & Leisure Index ETF Trust Units A (TRVL.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Harvest Travel & Leisure Index ETF Trust Units A does not pass Musaffa's business and financial screening criteria.

TRVL.TO was created on 2021-01-14 by Harvest. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The ETF currently has 38.47m in AUM and 31 holdings. The fund tracks a market-cap-weighted index of large-cap North American companies that own or operate travel related businesses.

Harvest Travel & Leisure Index ETF Trust Units A (TRVL.TO) Chart

Key Statistics of Harvest Travel & Leisure Index ETF Trust Units A (TRVL.TO)

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FAQ's for Harvest Travel & Leisure Index ETF Trust Units A (TRVL.TO)

As of September 2026, Harvest Travel & Leisure Index ETF Trust Units A TRVL.TO 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 Harvest Travel & Leisure Index ETF Trust Units A using these criteria to determine its compliance status.
The Shariah compliance status of Harvest Travel & Leisure Index ETF Trust Units A 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 Harvest Travel & Leisure Index ETF Trust Units A on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.