Is Global X Dow 30 Covered Call ETF halal to invest in?

As of September 2026, Global X Dow 30 Covered Call ETF DJIA 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 Dow 30 Covered Call 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 Dow 30 Covered Call ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X Dow 30 Covered Call ETF updated?

The Shariah compliance status of Global X Dow 30 Covered Call 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 Dow 30 Covered Call 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 Dow 30 Covered Call ETF?

You can check the latest Shariah compliance status of Global X Dow 30 Covered Call ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Global X Dow 30 Covered Call ETF DJIA

DJIA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X Dow 30 Covered Call ETF is classified as not halal.

NOT HALAL

Is Global X Dow 30 Covered Call ETF Halal?

Shariah Compliance Analysis of DJIA ETF

US Equity Large Cap

No. As of September 2026, Global X Dow 30 Covered Call ETF (DJIA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Dow 30 Covered Call ETF does not pass Musaffa's business and financial screening criteria.

DJIA was created on 2022-02-23 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 160.38m in AUM and 32 holdings. DJIA tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position.

Global X Dow 30 Covered Call ETF (DJIA) Chart

Key Statistics of Global X Dow 30 Covered Call ETF (DJIA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
22.55%
Information Technology
18.60%
Health Care
17.84%
Consumer Discretionary
14.83%
Industrials
13.49%
Consumer Staples
4.92%
Other
2.61%
Energy
2.20%
Communication Services
2.13%
Materials
0.83%

FAQ's for Global X Dow 30 Covered Call ETF (DJIA)

As of September 2026, Global X Dow 30 Covered Call ETF DJIA 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 Dow 30 Covered Call ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X Dow 30 Covered Call 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 Dow 30 Covered Call ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.