logo

Shariah compliance overview

Not Halal

Tema 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.

Please login to access this content

Key stats

Please login to access this content

Please login to access this content

Company Profile

Please login to access this content

Frequently asked questions

Quick answers about Tema Photonics & Optical ETF (LAZR). Current Akinda screening label: Not Halal.