What is ARK Innovation ETF's Shariah compliance score?

ARK Innovation ETF (ARKK) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). A fund is screened by looking through its holdings: each holding is screened under AAOIFI Standard No. 21 and weighed, and the fund is halal when non-compliant holdings stay under 5% of the basket by weight.

Does ARK Innovation ETF pass AAOIFI look-through screening?

ARK Innovation ETF (ARKK) does not pass AAOIFI look-through screening. A fund is screened by looking through its holdings: each holding is screened under AAOIFI Standard No. 21 and weighed, and the fund is halal when non-compliant holdings stay under 5% of the basket by weight.

How much purification is needed for ARK Innovation ETF?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for ARK Innovation ETF (ARKK) using the latest financial data.

Where can I screen ARK Innovation ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for ARK Innovation ETF (ARKK) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening.

ARKKNot HalalF

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Compliance Status

Not Halal

Screened on Oct 18, 2026 · AAOIFI Standard 21 look-through

Non-Compliant

0Score

Is ARK Innovation ETF (ARKK) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, ARK Innovation ETF 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 ARK Innovation ETF (ARKK) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/ARKK

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

30.9% of 5.0% limit

92% of the basket's holdings were screened individually.

ARKK: Is ARK Innovation ETF Halal?

ARK Innovation ETF

CBOEETFUS

$81.65

Market Cap: 7.9B

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Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Oct 18, 2026

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

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Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Basket-weighted haram holdings exceed 5% (30.9%)

Basket Composition

92% of basket screened

ETFs 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.

61%

31%

Halal61%

Doubtful0%

Not Halal31%

Unknown8%

Top Holdings

TSLATESLA INCHalal9.72%TEMTEMPUS AI INCHalal4.88%SPCXSPACE EXPLORATION TECHNOLOGIES CORPHalal4.87%CRSPCRISPR THERAPEUTICS AGNot Halal4.73%SHOPSHOPIFY INCHalal4.35%COINCOINBASE GLOBAL INCNot Halal4.16%AMDADVANCED MICRO DEVICES INCHalal3.98%CRCLCIRCLE INTERNET GROUP INCNot Halal3.90%HOODROBINHOOD MARKETS INCNot Halal3.63%TWSTTWIST BIOSCIENCE CORPHalal3.30%

10 more screened holdings, each with its own verdict, are part of Pro.See the full basket

PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in ETF

This fund is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

IAUA+

iShares Gold Trust

$78.34

XLKA

State Street Technology Select Sector SPDR ETF

$183.47

SMHA

VanEck Semiconductor ETF

$539.79

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State Street SPDR Dow Jones Industrial Average ETF Trust

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Frequently Asked Questions

Is ARK Innovation ETF (ARKK) halal to invest in?

ARK Innovation ETF (ARKK) is rated Not Halal by holdings look-through. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.

Why did ARK Innovation ETF get a F compliance rating?

ARK Innovation ETF's grade of F (Non-Compliant) reflects the weighted result of its holdings, not one company's ratios: debt and deposit ratios do not describe a fund.

What could change ARK Innovation ETF's Shariah verdict?

ARK Innovation ETF's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is ARK Innovation ETF re-screened for Shariah compliance?

ARK Innovation ETF is re-screened as its published holdings change. Last screened: Oct 18, 2026.

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.