Shariah compliance overview
Not HalalTema Photonics & Optical ETF (LAZR) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Tema Photonics & Optical ETF
Tema Photonics & Optical ETF (the Fund) seeks to provide long-term growth.
Tema Photonics & Optical ETF (LAZR) operates in the Financial Services sector, in the Asset Management industry.
Why it is not classified as halal: it does not pass these screens: Business Activity.
- Business Activity
- 6.37%Limit 5%Fail
- Interest-bearing debt
- 11.92%Limit 30%Pass
- Interest-bearing securities and assets
- 2.33%Limit 30%Pass
- Dividend purification
- 6.37%Share of dividends to give to charityPurification calculator
Last updated: Jul 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Company Profile
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Frequently asked questions
Quick answers about Tema Photonics & Optical ETF (LAZR). Current Akinda screening label: Not Halal.
