Is Global X Cloud Computing ETF halal to invest in?

As of September 2026, Global X Cloud Computing ETF CLOU is classified as doubtful 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 Cloud Computing 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 Cloud Computing ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X Cloud Computing ETF updated?

The Shariah compliance status of Global X Cloud Computing 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 Cloud Computing 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 Cloud Computing ETF?

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

Global X Cloud Computing ETF CLOU

CLOU Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X Cloud Computing ETF is classified as doubtful.

DOUBTFUL

Is Global X Cloud Computing ETF Halal?

Shariah Compliance Analysis of CLOU ETF

US Equity Information Technology

No. As of September 2026, Global X Cloud Computing ETF (CLOU) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Cloud Computing ETF does not fully pass Musaffa's business and financial screening criteria.

CLOU was created on 2019-04-12 by Global X. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 272.91m in AUM and 38 holdings. CLOU provides exposure to a market-cap weighted global equity index of companies involved in the cloud computing industry.

Global X Cloud Computing ETF (CLOU) Chart

Key Statistics of Global X Cloud Computing ETF (CLOU)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
84.12%
Real Estate
4.93%
Industrials
4.03%
Communication Services
3.33%
Consumer Discretionary
2.52%
Health Care
1.05%

FAQ's for Global X Cloud Computing ETF (CLOU)

As of September 2026, Global X Cloud Computing ETF CLOU is classified as doubtful 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 Cloud Computing ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X Cloud Computing 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 Cloud Computing ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.