Is Texas Capital Texas Equity Index ETF halal to invest in?

As of September 2026, Texas Capital Texas Equity Index ETF TXS 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 Texas Capital Texas Equity 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 Texas Capital Texas Equity Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Texas Capital Texas Equity Index ETF updated?

The Shariah compliance status of Texas Capital Texas Equity 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 Texas Capital Texas Equity 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 Texas Capital Texas Equity Index ETF?

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

Texas Capital Texas Equity Index ETF TXS

TXS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Texas Capital Texas Equity Index ETF is classified as not halal.

NOT HALAL

Is Texas Capital Texas Equity Index ETF Halal?

Shariah Compliance Analysis of TXS ETF

US Equity Total Market

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

TXS was created on 2023-07-12 by Texas Capital. The fund's investment portfolio concentrates primarily on total market equity. TXS seeks to track a tier-weighted-equity index comprised of companies headquartered in Texas. The fund invests in various industries, sectors, and sizes. Components are selected by market-cap.

Texas Capital Texas Equity Index ETF (TXS) Chart

Key Statistics of Texas Capital Texas Equity Index ETF (TXS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
20.84%
Consumer Discretionary
18.19%
Industrials
14.48%
Real Estate
13.79%
Health Care
10.99%
Information Technology
8.95%
Financials
6.02%
Consumer Staples
2.55%
Communication Services
1.94%
Utilities
1.70%
Materials
0.40%
Other
0.15%

FAQ's for Texas Capital Texas Equity Index ETF (TXS)

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