As of September 2026, UBC Algorithmic Fundamentals ETF is classified as not halal.
NOT HALAL
Is UBC Algorithmic Fundamentals ETF Halal?
Shariah Compliance Analysis of UBCB ETF
US Equity Large Cap
No. As of September 2026, UBC Algorithmic Fundamentals ETF (UBCB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. UBC Algorithmic Fundamentals ETF does not pass Musaffa's business and financial screening criteria.
UBCB was created on 2021-12-15 by UBC. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 2.25m in AUM and 61 holdings. UBCB is an actively managed fund that utilizes proprietary AI algorithms to select US large-cap companies based on current and predicted fundamental performance.
UBC Algorithmic Fundamentals ETF (UBCB) Chart
Key Statistics of UBC Algorithmic Fundamentals ETF (UBCB)
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FAQ's for UBC Algorithmic Fundamentals ETF (UBCB)
As of September 2026, UBC Algorithmic Fundamentals ETF UBCB 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 UBC Algorithmic Fundamentals ETF using these criteria to determine its compliance status.
The Shariah compliance status of UBC Algorithmic Fundamentals 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 UBC Algorithmic Fundamentals ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.