Is SonicShares Airlines, Hotels, Cruise Lines ETF halal to invest in?

As of September 2026, SonicShares Airlines, Hotels, Cruise Lines ETF TRYP 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 SonicShares Airlines, Hotels, Cruise Lines 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 SonicShares Airlines, Hotels, Cruise Lines ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SonicShares Airlines, Hotels, Cruise Lines ETF updated?

The Shariah compliance status of SonicShares Airlines, Hotels, Cruise Lines 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 SonicShares Airlines, Hotels, Cruise Lines 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 SonicShares Airlines, Hotels, Cruise Lines ETF?

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

SonicShares Airlines, Hotels, Cruise Lines ETF TRYP

TRYP Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SonicShares Airlines, Hotels, Cruise Lines ETF is classified as not halal.

NOT HALAL

Is SonicShares Airlines, Hotels, Cruise Lines ETF Halal?

Shariah Compliance Analysis of TRYP ETF

US Equity Consumer Discretionary

No. As of September 2026, SonicShares Airlines, Hotels, Cruise Lines ETF (TRYP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SonicShares Airlines, Hotels, Cruise Lines ETF does not pass Musaffa's business and financial screening criteria.

TRYP was created on 2021-05-12 by SonicShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The ETF currently has 10.03m in AUM and 63 holdings. TRYP tracks a modified market-cap-weighted index of globally-listed companies involved in the airline, hotel and cruise line industries.

SonicShares Airlines, Hotels, Cruise Lines ETF (TRYP) Chart

Key Statistics of SonicShares Airlines, Hotels, Cruise Lines ETF (TRYP)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
39.88%
Consumer Discretionary
35.50%
Real Estate
14.87%
Other
9.75%

FAQ's for SonicShares Airlines, Hotels, Cruise Lines ETF (TRYP)

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