Is Capital Group New Geography Equity ETF halal to invest in?

As of September 2026, Capital Group New Geography Equity ETF CGNG 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 Capital Group New Geography Equity 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 Capital Group New Geography Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Capital Group New Geography Equity ETF updated?

The Shariah compliance status of Capital Group New Geography Equity 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 Capital Group New Geography Equity 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 Capital Group New Geography Equity ETF?

You can check the latest Shariah compliance status of Capital Group New Geography Equity ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Capital Group New Geography Equity ETF CGNG

CGNG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Capital Group New Geography Equity ETF is classified as not halal.

NOT HALAL

Is Capital Group New Geography Equity ETF Halal?

Shariah Compliance Analysis of CGNG ETF

US Equity Total Market

No. As of September 2026, Capital Group New Geography Equity ETF (CGNG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Capital Group New Geography Equity ETF does not pass Musaffa's business and financial screening criteria.

CGNG was created on 2024-06-25 by Capital Group . The fund's investment portfolio concentrates primarily on total market equity. CGNG is actively managed, seeking long-term capital appreciation through investment in companies from the emerging markets, may include frontier markets securities.

Capital Group New Geography Equity ETF (CGNG) Chart

Key Statistics of Capital Group New Geography Equity ETF (CGNG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
17.33%
Other
16.72%
Information Technology
11.39%
Consumer Discretionary
10.25%
Industrials
10.07%
Health Care
9.12%
Communication Services
8.55%
Consumer Staples
6.79%
Materials
4.98%
Energy
2.38%
Real Estate
1.56%
Utilities
0.86%

FAQ's for Capital Group New Geography Equity ETF (CGNG)

As of September 2026, Capital Group New Geography Equity ETF CGNG 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 Capital Group New Geography Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of Capital Group New Geography Equity 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 Capital Group New Geography Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.