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Tema Photonics & Optical ETF

LAZR: Is Tema Photonics & Optical ETF Halal?

Tema Photonics & Optical ETF

AMEXFinancial ServicesUS

$48.28

Market Cap: 965.6K

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About Tema Photonics & Optical ETF

Tema Photonics & Optical ETF (the Fund) seeks to provide long-term growth.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Oct 2, 2026

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Basket Composition

0% 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.

100%
Halal0%
Doubtful0%
Not Halal0%
Unknown100%
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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

Under Review, unchanged since Sep 2026.

No status changes recorded since we began tracking.

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

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Frequently Asked Questions

Is Tema Photonics & Optical ETF (LAZR) halal to invest in?
HalalScreener has not published a verdict on Tema Photonics & Optical ETF (LAZR): the fund is under review, and the page above says why. 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 Tema Photonics & Optical ETF get a C+ compliance rating?
Tema Photonics & Optical ETF carries no grade while its verdict is withheld.
What could change Tema Photonics & Optical ETF's Shariah verdict?
Tema Photonics & Optical 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 Tema Photonics & Optical ETF re-screened for Shariah compliance?
Tema Photonics & Optical ETF is re-screened as its published holdings change. Last screened: Oct 2, 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.