Is AdvisorShares Pure Cannabis ETF halal to invest in?

As of September 2026, AdvisorShares Pure Cannabis ETF YOLO 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 AdvisorShares Pure Cannabis 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 AdvisorShares Pure Cannabis ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AdvisorShares Pure Cannabis ETF updated?

The Shariah compliance status of AdvisorShares Pure Cannabis 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 AdvisorShares Pure Cannabis 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 AdvisorShares Pure Cannabis ETF?

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

AdvisorShares Pure Cannabis ETF YOLO

YOLO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AdvisorShares Pure Cannabis ETF is classified as not halal.

NOT HALAL

Is AdvisorShares Pure Cannabis ETF Halal?

Shariah Compliance Analysis of YOLO ETF

US Equity Theme

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

YOLO was created on 2019-04-17 by AdvisorShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 42.3m in AUM and 21 holdings. YOLO is an actively-managed ETF that seeks long-term capital appreciation by investing in both domestic and foreign cannabis equities, as well as total return swaps of similar securities.

AdvisorShares Pure Cannabis ETF (YOLO) Chart

Key Statistics of AdvisorShares Pure Cannabis ETF (YOLO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
48.27%
Health Care
34.79%
Consumer Staples
9.42%
Financials
7.52%

FAQ's for AdvisorShares Pure Cannabis ETF (YOLO)

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