As of September 2026, F/m High Yield 100 ETF is classified as not halal.
NOT HALAL
Is F/m High Yield 100 ETF Halal?
Shariah Compliance Analysis of ZTOP ETF
US Fixed Income High Yield
No. As of September 2026, F/m High Yield 100 ETF (ZTOP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. F/m High Yield 100 ETF does not pass Musaffa's business and financial screening criteria.
ZTOP was created on 2025-04-14 by F/m. The fund's investment portfolio concentrates primarily on high yield fixed income. ZTOP tracks an index of the 100 largest issuers of USD-denominated, high-yield corporate debt. Each issuer is represented by one bond of any maturity. Holdings are selected based on market value and weighted equally.
F/m High Yield 100 ETF (ZTOP) Chart
Key Statistics of F/m High Yield 100 ETF (ZTOP)
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FAQ's for F/m High Yield 100 ETF (ZTOP)
As of September 2026, F/m High Yield 100 ETF ZTOP 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 F/m High Yield 100 ETF using these criteria to determine its compliance status.
The Shariah compliance status of F/m High Yield 100 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 F/m High Yield 100 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.