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Global X Brazil Active ETF BRAZ

Is Global X Brazil Active ETF Halal?

Shariah Compliance Analysis of BRAZ ETF

No. As of October 2026, Global X Brazil Active ETF (BRAZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

BRAZ was created on 2023-08-16 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 8.25m in AUM and 28 holdings. BRAZ seeks long-term growth of capital by investing in a concentrated portfolio of Brazilian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings.

BRAZ Shariah Compliance

As of October 2026, Global X Brazil Active ETF is classified as not halal.

NOT HALAL

Global X Brazil Active ETF (BRAZ) Chart

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