Is Global X FTSE Southeast Asia ETF halal to invest in?

As of September 2026, Global X FTSE Southeast Asia ETF ASEA 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.

Is Global X FTSE Southeast Asia ETF a Shariah-compliant ETF?

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 FTSE Southeast Asia ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X FTSE Southeast Asia ETF updated?

The Shariah compliance status of Global X FTSE Southeast Asia ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Global X FTSE Southeast Asia ETF become non-compliant?

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.

Where can I check the Shariah status of Global X FTSE Southeast Asia ETF?

You can check the latest Shariah compliance status of Global X FTSE Southeast Asia ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Global X FTSE Southeast Asia ETF ASEA

ASEA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X FTSE Southeast Asia ETF is classified as not halal.

NOT HALAL

Is Global X FTSE Southeast Asia ETF Halal?

Shariah Compliance Analysis of ASEA ETF

US Equity Total Market

No. As of September 2026, Global X FTSE Southeast Asia ETF (ASEA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X FTSE Southeast Asia ETF does not pass Musaffa's business and financial screening criteria.

ASEA was created on 2011-02-17 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 78.23m in AUM and 41 holdings. ASEA tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines.

Global X FTSE Southeast Asia ETF (ASEA) Chart

Key Statistics of Global X FTSE Southeast Asia ETF (ASEA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
58.65%
Other
19.23%
Industrials
5.63%
Communication Services
5.27%
Utilities
3.06%
Materials
2.89%
Real Estate
2.64%
Consumer Staples
1.60%
Health Care
1.03%

FAQ's for Global X FTSE Southeast Asia ETF (ASEA)

As of September 2026, Global X FTSE Southeast Asia ETF ASEA 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 FTSE Southeast Asia ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X FTSE Southeast Asia 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 FTSE Southeast Asia ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.