Is Global X E-Commerce ETF halal to invest in?

As of September 2026, Global X E-Commerce ETF EBIZ 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 E-Commerce 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 E-Commerce ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X E-Commerce ETF updated?

The Shariah compliance status of Global X E-Commerce 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 E-Commerce 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 E-Commerce ETF?

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

Global X E-Commerce ETF EBIZ

EBIZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X E-Commerce ETF is classified as not halal.

NOT HALAL

Is Global X E-Commerce ETF Halal?

Shariah Compliance Analysis of EBIZ ETF

US Equity Theme

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

EBIZ was created on 2018-11-27 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 51.04m in AUM and 41 holdings. EBIZ tracks a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses.

Global X E-Commerce ETF (EBIZ) Chart

Key Statistics of Global X E-Commerce ETF (EBIZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
58.73%
Communication Services
13.41%
Information Technology
9.01%
Other
7.93%
Industrials
6.42%
Real Estate
3.89%
Financials
0.61%

FAQ's for Global X E-Commerce ETF (EBIZ)

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