Is ERShares Private-Public Crossover ETF halal to invest in?

As of September 2026, ERShares Private-Public Crossover ETF XOVR 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 ERShares Private-Public Crossover 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 ERShares Private-Public Crossover ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ERShares Private-Public Crossover ETF updated?

The Shariah compliance status of ERShares Private-Public Crossover 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 ERShares Private-Public Crossover 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 ERShares Private-Public Crossover ETF?

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

ERShares Private-Public Crossover ETF XOVR

XOVR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ERShares Private-Public Crossover ETF is classified as not halal.

NOT HALAL

Is ERShares Private-Public Crossover ETF Halal?

Shariah Compliance Analysis of XOVR ETF

US Equity Total Market

No. As of September 2026, ERShares Private-Public Crossover ETF (XOVR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ERShares Private-Public Crossover ETF does not pass Musaffa's business and financial screening criteria.

XOVR was created on 2017-11-07 by ERShares. The fund's investment portfolio concentrates primarily on total market equity. XOVR is interesting. Major investors or partners in the receive lower management fees and related P/E opportunities. The fund aims to provide exposure to the top 30 US large-cap, most entrepreneurial stocks, either public or private, selected based on very proprietary measurements.

ERShares Private-Public Crossover ETF (XOVR) Chart

Key Statistics of ERShares Private-Public Crossover ETF (XOVR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for ERShares Private-Public Crossover ETF (XOVR)

As of September 2026, ERShares Private-Public Crossover ETF XOVR 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 ERShares Private-Public Crossover ETF using these criteria to determine its compliance status.
The Shariah compliance status of ERShares Private-Public Crossover 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 ERShares Private-Public Crossover ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.