Is Impact Shares Womens Empowerment ETF halal to invest in?

As of September 2026, Impact Shares Womens Empowerment ETF WOMN 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 Impact Shares Womens Empowerment 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 Impact Shares Womens Empowerment ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Impact Shares Womens Empowerment ETF updated?

The Shariah compliance status of Impact Shares Womens Empowerment 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 Impact Shares Womens Empowerment 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 Impact Shares Womens Empowerment ETF?

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

Impact Shares Womens Empowerment ETF WOMN

WOMN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Impact Shares Womens Empowerment ETF is classified as not halal.

NOT HALAL

Is Impact Shares Womens Empowerment ETF Halal?

Shariah Compliance Analysis of WOMN ETF

US Equity Total Market

No. As of September 2026, Impact Shares Womens Empowerment ETF (WOMN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Impact Shares Womens Empowerment ETF does not pass Musaffa's business and financial screening criteria.

WOMN was created on 2018-08-24 by Impact Shares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 67.9m in AUM and 204 holdings. WOMN tracks an index of large- and mid-cap US equities that are selected and weighted to maximize exposure to firms that score highly on gender diversity, within marketlike constraints.

Impact Shares Womens Empowerment ETF (WOMN) Chart

Key Statistics of Impact Shares Womens Empowerment ETF (WOMN)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
25.33%
Health Care
15.08%
Financials
13.74%
Consumer Discretionary
10.50%
Industrials
8.70%
Consumer Staples
7.86%
Communication Services
7.19%
Energy
5.34%
Utilities
2.37%
Real Estate
2.05%
Materials
1.67%
Other
0.17%

FAQ's for Impact Shares Womens Empowerment ETF (WOMN)

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