Is Global X S&P Catholic Values Developed ex-US ETF halal to invest in?

As of September 2026, Global X S&P Catholic Values Developed ex-US ETF CEFA 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 S&P Catholic Values Developed ex-US 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 S&P Catholic Values Developed ex-US ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X S&P Catholic Values Developed ex-US ETF updated?

The Shariah compliance status of Global X S&P Catholic Values Developed ex-US 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 S&P Catholic Values Developed ex-US 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 S&P Catholic Values Developed ex-US ETF?

You can check the latest Shariah compliance status of Global X S&P Catholic Values Developed ex-US ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Global X S&P Catholic Values Developed ex-US ETF CEFA

CEFA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X S&P Catholic Values Developed ex-US ETF is classified as not halal.

NOT HALAL

Is Global X S&P Catholic Values Developed ex-US ETF Halal?

Shariah Compliance Analysis of CEFA ETF

US Equity Large Cap

No. As of September 2026, Global X S&P Catholic Values Developed ex-US ETF (CEFA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X S&P Catholic Values Developed ex-US ETF does not pass Musaffa's business and financial screening criteria.

CEFA was created on 2020-06-22 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 29.34m in AUM and 361 holdings. CEFA tracks an index of large-cap stocks from Developed ex-US markets. The cap-weighted index screens out firms inconsistent with Catholic values.

Global X S&P Catholic Values Developed ex-US ETF (CEFA) Chart

Key Statistics of Global X S&P Catholic Values Developed ex-US ETF (CEFA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
20.33%
Industrials
15.04%
Health Care
14.84%
Consumer Discretionary
10.97%
Consumer Staples
9.34%
Information Technology
9.31%
Materials
6.40%
Energy
4.16%
Communication Services
3.99%
Utilities
3.01%
Real Estate
1.39%
Other
1.22%

FAQ's for Global X S&P Catholic Values Developed ex-US ETF (CEFA)

As of September 2026, Global X S&P Catholic Values Developed ex-US ETF CEFA 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 S&P Catholic Values Developed ex-US ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X S&P Catholic Values Developed ex-US 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 S&P Catholic Values Developed ex-US ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.