Is WBI BullBear Quality 3000 ETF halal to invest in?

As of September 2026, WBI BullBear Quality 3000 ETF WBIL 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 WBI BullBear Quality 3000 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 WBI BullBear Quality 3000 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for WBI BullBear Quality 3000 ETF updated?

The Shariah compliance status of WBI BullBear Quality 3000 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 WBI BullBear Quality 3000 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 WBI BullBear Quality 3000 ETF?

You can check the latest Shariah compliance status of WBI BullBear Quality 3000 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

WBI BullBear Quality 3000 ETF WBIL

WBIL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, WBI BullBear Quality 3000 ETF is classified as not halal.

NOT HALAL

Is WBI BullBear Quality 3000 ETF Halal?

Shariah Compliance Analysis of WBIL ETF

US Equity Total Market

No. As of September 2026, WBI BullBear Quality 3000 ETF (WBIL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. WBI BullBear Quality 3000 ETF does not pass Musaffa's business and financial screening criteria.

WBIL was created on 2014-08-25 by WBI Shares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 29.91m in AUM and 80 holdings. WBIL is an actively-managed fund that invests primarily in global equity securities. The fund can also invest its assets in nearly anything the manager deems tactical.

WBI BullBear Quality 3000 ETF (WBIL) Chart

Key Statistics of WBI BullBear Quality 3000 ETF (WBIL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
27.67%
Consumer Discretionary
18.14%
Communication Services
11.05%
Other
10.95%
Financials
10.01%
Consumer Staples
7.92%
Energy
4.68%
Health Care
3.86%
Industrials
3.57%
Materials
2.15%

FAQ's for WBI BullBear Quality 3000 ETF (WBIL)

As of September 2026, WBI BullBear Quality 3000 ETF WBIL 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 WBI BullBear Quality 3000 ETF using these criteria to determine its compliance status.
The Shariah compliance status of WBI BullBear Quality 3000 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 WBI BullBear Quality 3000 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.