Manzil Russell Halal USA Broad Market ETF (MNZL) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
P/E 29.58 means the share price is 29.58 times one year of earnings per share.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Jun 1, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerManzil Russell Halal USA Broad Market ETF (MNZL) trades at $61.53. Manzil Russell Halal USA Broad Market ETF (MNZL) provides access to the U.S. equity market, adhering to Sharia-compliant principles. Sector: Financials.
Price as of · Last analyzed: Jun 1, 2026Analyst Coverage for MNZL: MNZL does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Manzil Russell Halal USA Broad Market ETF (MNZL) Financial Services Profile
Manzil Russell Halal USA Broad Market ETF (MNZL) offers investors Sharia-compliant access to the U.S. equity market, focusing on ethical investment standards and aligning with Islamic finance principles. The ETF provides a unique investment avenue for those seeking to adhere to specific religious and ethical guidelines within their investment portfolio.
What Is the Investment Thesis for MNZL?
Manzil Russell Halal USA Broad Market ETF (MNZL) presents a unique investment opportunity for investors seeking Sharia-compliant exposure to the U.S. equity market. The ETF's value proposition lies in its ability to provide diversified access to U.S. stocks while adhering to strict ethical and religious guidelines. With the increasing demand for socially responsible and ethical investment options, MNZL is well-positioned to attract a growing segment of investors. Key growth catalysts include the rising awareness of Islamic finance principles and the increasing adoption of ethical investment strategies. The ETF's ability to maintain Sharia compliance while delivering competitive returns will be crucial for its long-term success. Potential risks include fluctuations in the U.S. equity market and changes in Sharia compliance standards. MNZL's success depends on its ability to effectively manage these risks and continue to provide value to its investors.
Based on FMP financials and quantitative analysis
MNZL Key Highlights
MNZL provides access to the U.S. equity market while adhering to Sharia-compliant principles.
- The ETF filters out companies involved in non-compliant activities such as alcohol, tobacco, and gambling.
- MNZL offers a diversified portfolio of U.S. stocks that meet specific criteria outlined by Islamic finance.
- The fund is managed by experienced professionals who specialize in Sharia-compliant investing.
- MNZL seeks to provide competitive returns while adhering to the stringent ethical standards of Islamic finance.
Who Are MNZL's Competitors?
MNZL is benchmarked below against 5 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| HLAL Wahed FTSE USA Shariah ETF | $75.60 | +0.89% | $999M | — |
| SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF | $60.33 | +1.02% | $3.06B | — |
| APO Apollo Global Management, Inc. | $114.02 | -0.28% | $65.7B | 54 5-pillar |
| ALTI AlTi Global, Inc. | $2.91 | -2.35% | $432M | — |
| GROW U.S. Global Investors, Inc. | $2.86 | -0.35% | $36.3M | 58 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MNZL's Key Strengths?
Adherence to Sharia-compliant principles.
- Diversified portfolio of U.S. stocks.
- Experienced management team with expertise in Islamic finance.
- Growing demand for ethical and socially responsible investments.
What Are MNZL's Weaknesses?
Limited brand recognition compared to larger asset managers.
- Smaller asset base may result in higher expense ratios.
- Dependence on the U.S. equity market.
What Are the Key Risks for MNZL?
Rich valuation — a P/E of 29.58 runs well above the Financial Services sector’s ~17.20x, leaving little room for a miss.
- Fluctuations in the U.S. equity market.
- Changes in Sharia compliance standards.
- Competition from other Sharia-compliant funds and ETFs.
- Economic downturns and market volatility.
What Are MNZL's Competitive Advantages?
- Adherence to Sharia-compliant principles provides a unique value proposition.
- Expertise in Islamic finance and ethical investing.
- Diversified portfolio of U.S. stocks that meet specific criteria.
What Does MNZL Do?
Manzil Russell Halal USA Broad Market ETF (MNZL) is designed to provide investors with exposure to the U.S. equity market while adhering to Sharia-compliant principles and ethical investment standards. The ETF aims to offer a diversified portfolio of U.S. stocks that meet specific criteria outlined by Islamic finance. MNZL filters out companies involved in activities considered non-compliant, such as alcohol, tobacco, gambling, and interest-based financial services. The ETF selects and weights its holdings based on Sharia-compliant screening methodologies. MNZL offers a unique investment solution for individuals and institutions seeking to align their investment strategies with their religious and ethical beliefs. The fund focuses on providing access to a broad range of U.S. equities, ensuring diversification while maintaining adherence to Sharia principles. MNZL's investment approach involves continuous monitoring and rebalancing to ensure ongoing compliance with Sharia guidelines. The ETF is managed by experienced professionals who specialize in Sharia-compliant investing, ensuring that the portfolio remains aligned with its stated objectives. MNZL seeks to provide competitive returns while adhering to the stringent ethical standards of Islamic finance, making it a suitable option for investors seeking both financial growth and ethical alignment.
What Products and Services Does MNZL Offer?
- Provides access to the U.S. equity market.
- Adheres to Sharia-compliant principles.
- Offers ethical investment standards.
- Filters out companies involved in non-compliant activities.
- Selects and weights holdings based on Sharia-compliant screening methodologies.
- Provides a diversified portfolio of U.S. stocks.
How Does MNZL Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Attracts investors seeking Sharia-compliant investment options.
- Maintains a portfolio of U.S. equities that adhere to Islamic finance principles.
What Industry Does MNZL Operate In?
The global asset management industry is experiencing significant growth, driven by increasing demand for diversified investment solutions. The rise of ethical and socially responsible investing has created a niche market for Sharia-compliant investment products. Manzil Russell Halal USA Broad Market ETF (MNZL) operates within this niche, offering investors access to the U.S. equity market while adhering to Islamic finance principles. The competitive landscape includes other Sharia-compliant funds and ETFs, as well as traditional asset managers offering socially responsible investment options. MNZL's success depends on its ability to differentiate itself through its adherence to Sharia principles and its focus on the U.S. equity market.
Who Are MNZL's Key Customers?
- Individual investors seeking Sharia-compliant investment options.
- Institutional investors with a focus on ethical investing.
- Muslim investors looking to align their investments with their religious beliefs.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 44 |
| 2026-08-31 | 44 |
| 2026-09-08 | 44 |
| 2026-09-16 | 44 |
| 2026-09-24 | 44 |
| 2026-10-04 | 44 |
What changed?
The score has stayed at 44.
Over the same 30 days the stock moved +2.0%.
MNZL Financials
Bull Case vs Bear Case
Bull Case
- Adherence to Sharia-compliant principles.
- Diversified portfolio of U.S. stocks.
- Experienced management team with expertise in Islamic finance.
- Growing demand for ethical and socially responsible investments.
Bear Case
- Limited brand recognition compared to larger asset managers.
- Smaller asset base may result in higher expense ratios.
- Dependence on the U.S. equity market.
- Potential: Fluctuations in the U.S. equity market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · June 2026
MNZL Latest News
No recent news available for MNZL.
MNZL Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for MNZL.
Price Targets
Wall Street price target analysis for MNZL.
MNZL MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for MNZL; grades run from A+ (80-100) to F (below 30).
Leadership: Khurram Zubair Agha
CEO
Khurram Zubair Agha is the CEO of Manzil Russell Halal USA Broad Market ETF. He has extensive experience in the financial services industry, with a focus on Sharia-compliant investing. Prior to joining Manzil, Khurram held various leadership positions at leading asset management firms, where he was responsible for developing and managing Islamic investment products. He holds a degree in Finance and is a certified Sharia advisor and auditor. Khurram's expertise in Islamic finance and his deep understanding of the U.S. equity market make him well-suited to lead Manzil Russell Halal USA Broad Market ETF.
Track Record: Under Khurram's leadership, Manzil Russell Halal USA Broad Market ETF has experienced significant growth in assets under management and has successfully navigated various market conditions while maintaining adherence to Sharia principles. Khurram has been instrumental in expanding the ETF's distribution network and increasing its visibility among investors. His strategic decisions have helped to position Manzil as a leading provider of Sharia-compliant investment solutions in the U.S. market.
Manzil Russell Halal USA Broad Market ETF Financials Stock: Key Questions Answered
What do analysts say about MNZL stock?
As an ETF, MNZL's performance is tied to the underlying U.S. equity market and its adherence to Sharia-compliant principles. Analysts generally focus on the ETF's ability to track its benchmark index while maintaining compliance with Islamic finance standards. Key valuation metrics include the ETF's expense ratio, tracking error, and dividend yield (if any).
What are the main risks for MNZL?
The main risks for MNZL include fluctuations in the U.S. equity market, changes in Sharia compliance standards, competition from other Sharia-compliant funds and ETFs, and economic downturns and market volatility. The ETF's performance is directly linked to the performance of the U.S. equity market, making it vulnerable to market corrections and economic downturns.
What is Manzil Russell Halal USA Broad Market ETF's expense ratio and how does it compare to similar ETFs?
The expense ratio of Manzil Russell Halal USA Broad Market ETF represents the annual cost of operating the fund, expressed as a percentage of the fund's assets. When evaluating MNZL, investors should compare its expense ratio to those of similar Sharia-compliant ETFs and conventional U.S. equity ETFs.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The information provided is based on available data and is subject to change.
- Investment decisions should be made based on individual circumstances and risk tolerance.