Is Global X Founder-Run Companies ETF halal to invest in?

As of September 2026, Global X Founder-Run Companies ETF BOSS 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 Founder-Run Companies 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 Founder-Run Companies ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X Founder-Run Companies ETF updated?

The Shariah compliance status of Global X Founder-Run Companies 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 Founder-Run Companies 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 Founder-Run Companies ETF?

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

Global X Founder-Run Companies ETF BOSS

BOSS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X Founder-Run Companies ETF is classified as not halal.

NOT HALAL

Is Global X Founder-Run Companies ETF Halal?

Shariah Compliance Analysis of BOSS ETF

US Equity Total Market

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

BOSS was created on 2017-02-13 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 6.29m in AUM and 99 holdings. BOSS tracks an equal-weighted selection of the 100 largest US companies by market-cap with a founder or co-founder currently serving as Chief Executive Officer.

Global X Founder-Run Companies ETF (BOSS) Chart

Key Statistics of Global X Founder-Run Companies ETF (BOSS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
31.69%
Financials
18.42%
Health Care
12.30%
Real Estate
9.21%
Consumer Discretionary
8.08%
Communication Services
7.28%
Industrials
4.60%
Energy
3.54%
Materials
2.75%
Other
1.20%
Consumer Staples
0.93%

FAQ's for Global X Founder-Run Companies ETF (BOSS)

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