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Global X Enhanced MSCI EAFE Covered Call ETF Trust Unit A EACL.NE

Is Global X Enhanced MSCI EAFE Covered Call ETF Trust Unit A Halal?

Shariah Compliance Analysis of EACL.NE ETF

No. As of October 2026, Global X Enhanced MSCI EAFE Covered Call ETF Trust Unit A (EACL.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

EACL.NE was created on 2024-05-28 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The fund seeks to provide 1.25x exposure to the MSCI EAFE Index while utilizing a dynamic covered call strategy. The actively managed fund aims for high monthly distributions of dividend income and call option premiums.

EACL.NE Shariah Compliance

As of October 2026, Global X Enhanced MSCI EAFE Covered Call ETF Trust Unit A is classified as not halal.

NOT HALAL

Global X Enhanced MSCI EAFE Covered Call ETF Trust Unit A (EACL.NE) Chart

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