Is Global X DAX Germany ETF halal to invest in?

As of September 2026, Global X DAX Germany ETF DAX 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 DAX Germany 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 DAX Germany ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X DAX Germany ETF updated?

The Shariah compliance status of Global X DAX Germany 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 DAX Germany 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 DAX Germany ETF?

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

Global X DAX Germany ETF DAX

DAX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X DAX Germany ETF is classified as not halal.

NOT HALAL

Is Global X DAX Germany ETF Halal?

Shariah Compliance Analysis of DAX ETF

US Equity Large Cap

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

DAX was created on 2014-10-22 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 275.96m in AUM and 42 holdings. DAX tracks a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange.

Global X DAX Germany ETF (DAX) Chart

Key Statistics of Global X DAX Germany ETF (DAX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
24.59%
Financials
20.50%
Information Technology
17.76%
Consumer Discretionary
8.92%
Communication Services
7.08%
Health Care
5.89%
Materials
5.67%
Utilities
3.39%
Other
2.79%
Consumer Staples
1.83%
Real Estate
1.58%

FAQ's for Global X DAX Germany ETF (DAX)

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