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Global X Defence Tech UCITS ETF ARMR.SW
ARMR.SW Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Global X Defence Tech UCITS ETF is classified as not halal.
NOT HALAL
Is Global X Defence Tech UCITS ETF Halal?
Shariah Compliance Analysis of ARMR.SW ETF
No. As of September 2026, Global X Defence Tech UCITS ETF (ARMR.SW) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Defence Tech UCITS ETF does not pass Musaffa's business and financial screening criteria.
ARMR.SW was created on 2024-09-10 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 558.6m in AUM and 51 holdings. The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Mirae Asset Defence Tech Index (the Index).
Global X Defence Tech UCITS ETF (ARMR.SW) Chart
Key Statistics of Global X Defence Tech UCITS ETF (ARMR.SW)
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-FAQ's for Global X Defence Tech UCITS ETF (ARMR.SW)
- As of September 2026, Global X Defence Tech UCITS ETF ARMR.SW is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Global X Defence Tech UCITS ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Global X Defence Tech UCITS ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
- Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
- You can check the latest Shariah compliance status of Global X Defence Tech UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
