Is L&G Gold Mining UCITS ETF halal to invest in?

As of September 2026, L&G Gold Mining UCITS ETF AUCO.MI 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 L&G Gold Mining UCITS 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 L&G Gold Mining UCITS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for L&G Gold Mining UCITS ETF updated?

The Shariah compliance status of L&G Gold Mining UCITS 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 L&G Gold Mining UCITS 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 L&G Gold Mining UCITS ETF?

You can check the latest Shariah compliance status of L&G Gold Mining UCITS ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

L&G Gold Mining UCITS ETF AUCO.MI

AUCO.MI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, L&G Gold Mining UCITS ETF is classified as not halal.

NOT HALAL

Is L&G Gold Mining UCITS ETF Halal?

Shariah Compliance Analysis of AUCO.MI ETF

GB Equity Materials

No. As of September 2026, L&G Gold Mining UCITS ETF (AUCO.MI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. L&G Gold Mining UCITS ETF does not pass Musaffa's business and financial screening criteria.

AUCO.MI was created on 2008-11-06 by L&G . The fund's investment portfolio concentrates primarily on materials equity. The ETF currently has 972.76m in AUM and 46 holdings. The L&G Gold Mining UCITS ETF (the ETF) aims to track the performance of the DAXglobal Gold Miners Index (the Index).

L&G Gold Mining UCITS ETF (AUCO.MI) Chart

Key Statistics of L&G Gold Mining UCITS ETF (AUCO.MI)

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FAQ's for L&G Gold Mining UCITS ETF (AUCO.MI)

As of September 2026, L&G Gold Mining UCITS ETF AUCO.MI 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 L&G Gold Mining UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of L&G Gold Mining 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 L&G Gold Mining UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.