Is Academy Veteran Bond ETF halal to invest in?

As of September 2026, Academy Veteran Bond ETF VETZ 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 Academy Veteran Bond 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 Academy Veteran Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Academy Veteran Bond ETF updated?

The Shariah compliance status of Academy Veteran Bond 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 Academy Veteran Bond 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 Academy Veteran Bond ETF?

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

Academy Veteran Bond ETF VETZ

VETZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Academy Veteran Bond ETF is classified as not halal.

NOT HALAL

Is Academy Veteran Bond ETF Halal?

Shariah Compliance Analysis of VETZ ETF

US Fixed Income Investment Grade

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

VETZ was created on 2023-08-01 by Academy. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 86.66m in AUM and 120 holdings. VETZ uses an active, bottom-up approach to invest in USD-denominated, investment grade, mortgage-backed securities issued to US service members, military veterans, their survivors, or veteran-owned businesses.

Academy Veteran Bond ETF (VETZ) Chart

Key Statistics of Academy Veteran Bond ETF (VETZ)

Today's Open

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Avg. Volume

Expense Ratio

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FAQ's for Academy Veteran Bond ETF (VETZ)

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