HACK

Amplify Cybersecurity ETF

DOUBTFUL — DATA INCOMPLETEetf

Is HACK Halal?

Cybersecurity ETF with incomplete look-through activity and purification analysis; the issuer name and fund schedule are now current.

What You Should Know

HACK is the Amplify Cybersecurity ETF, formerly described in this record as the ETFMG Prime Cyber Security ETF. The December 31, 2025 schedule reports USD 2,100.513 million of net assets, USD 2,084.935 million of common stocks, USD 16.697 million of money-market funds and USD 14.454 million of securities-lending investments. Known debt/assets is 0.00% and identifiable interest-bearing securities/assets is 1.48%; cybersecurity, defense/dual-use holdings, securities lending and issuer-level screens remain qualitative.

⚠️ Concerns

  • Underlying issuers require individual activity and financial screens
  • Defense and dual-use cybersecurity holdings
  • Securities lending and money-market balances
  • ETF creation/redemption and pass-through structure

Current quantitative Sharia screen

Based on N-CSRS figures for the period ended 2026-03-31; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
0.00%Within limit
Below 33.333% under FTSE Yasaar

0 / 2,100.513

Cash + interest-bearing securities / assets
1.48%Within limit
Below 33.333% under FTSE Yasaar

31.151 / 2,100.513

Receivables + cash / assets
0.00%Within limit
Below 50% under FTSE Yasaar

0 / 2,100.513

FTSE Yasaar
v4.6, February 2026
Financial
Incomplete
Overall
Incomplete

Debt/assets is 0.00%, liquidity/assets is 1.48% and receivables-plus-cash/assets is 0.00%; fund-level income and underlying activity are unavailable.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Known debt, liquidity and receivables-plus-cash ratios are below the examined MSCI limits; underlying issuer activity is not classified by a universal numerator.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Known debt/assets and liquidity/assets are below the examined Malaysia limits; the pass-through portfolio remains qualitatively incomplete.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A licensed historical market-cap series and fund-level prohibited-income convention are not stored.

Business-activity disclosure

HACK is the Amplify Cybersecurity ETF, currently tracking cybersecurity companies across information technology and industrial defense-related holdings. Cybersecurity software and infrastructure are generally permissible, while defense/dual-use products, underlying issuer finance screens and securities lending require review.

Limitation: The fund reports holdings and sector weights but does not provide a school-neutral prohibited-revenue numerator for every underlying issuer.

Purification

HACK does not disclose a scholar-approved fund-level purification percentage or universal prohibited-income allocation.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Amplify's December 31, 2025 schedule of investments: common stocks USD 2,084.935 million, money-market funds USD 16.697 million, securities-lending investments USD 14.454 million and net assets USD 2,100.513 million.
  • No separate debt, cash or receivable balance is disclosed in the schedule; money-market and securities-lending investments are treated as identifiable interest-bearing securities.
  • The fund does not report an operating-revenue denominator or a universal prohibited-income allocation for each underlying issuer.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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