Compliance Status
Not Halal
Screened on Oct 11, 2026 · AAOIFI Standard 21 look-through
Non-Compliant
Is ETRACS Alerian MLP Index ETN Class B (AMUB) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, ETRACS Alerian MLP Index ETN Class B has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates ETRACS Alerian MLP Index ETN Class B (AMUB) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 11, 2026. Source: https://halalscreener.app/en/stock/AMUB
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
100% of the basket's holdings were screened individually.
AMUB: Is ETRACS Alerian MLP Index ETN Class B Halal?
ETRACS Alerian MLP Index ETN Class B
$21.94
Market Cap: 49.4M
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About ETRACS Alerian MLP Index ETN Class B
The ETRACS Alerian MLP Index ETN Series B, maturing on July 18, 2042, represents senior unsecured debt issued by UBS. This financial product aims to reflect the collective performance of energy master limited partnerships (MLPs). Its underlying index is computed by S&P Dow Jones Indices using a market capitalization-weighted and float-adjusted methodology.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why AMUB is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Exchange-traded note: an unsecured debt obligation of the issuing bank, not ownership of the index assets
Basket Composition
100% of basket screenedETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Sep 2026
Under Review
until the change above
Tracked since Sep 2026. Updates automatically on each re-screen.
Halal Alternatives in Financial Services
This fund is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Frequently Asked Questions
Is ETRACS Alerian MLP Index ETN Class B (AMUB) halal to invest in?
Why did ETRACS Alerian MLP Index ETN Class B get a F compliance rating?
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Screened by holdings look-through under AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.