Is AdvisorShares Drone Technology ETF halal to invest in?

As of September 2026, AdvisorShares Drone Technology ETF UAV 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 AdvisorShares Drone Technology 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 AdvisorShares Drone Technology ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AdvisorShares Drone Technology ETF updated?

The Shariah compliance status of AdvisorShares Drone Technology 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 AdvisorShares Drone Technology 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 AdvisorShares Drone Technology ETF?

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

AdvisorShares Drone Technology ETF UAV

UAV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AdvisorShares Drone Technology ETF is classified as not halal.

NOT HALAL

Is AdvisorShares Drone Technology ETF Halal?

Shariah Compliance Analysis of UAV ETF

US Equity Theme

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

UAV was created on 2022-04-27 by m. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 0.65m in AUM and 37 holdings. UAV is an actively managed fund of US-listed companies involved in manufacturing and development of drones and other drone-related technologies.

AdvisorShares Drone Technology ETF (UAV) Chart

Key Statistics of AdvisorShares Drone Technology ETF (UAV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
70.49%
Information Technology
17.64%
Other
7.60%
Consumer Discretionary
4.27%

FAQ's for AdvisorShares Drone Technology ETF (UAV)

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