Is Global X MSCI SuperDividend EAFE ETF halal to invest in?

As of September 2026, Global X MSCI SuperDividend EAFE ETF EFAS 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 MSCI SuperDividend EAFE 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 MSCI SuperDividend EAFE ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X MSCI SuperDividend EAFE ETF updated?

The Shariah compliance status of Global X MSCI SuperDividend EAFE 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 MSCI SuperDividend EAFE 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 MSCI SuperDividend EAFE ETF?

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

Global X MSCI SuperDividend EAFE ETF EFAS

EFAS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X MSCI SuperDividend EAFE ETF is classified as not halal.

NOT HALAL

Is Global X MSCI SuperDividend EAFE ETF Halal?

Shariah Compliance Analysis of EFAS ETF

US Equity High Dividend Yield

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

EFAS was created on 2016-11-14 by Global X. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 35.97m in AUM and 52 holdings. EFAS tracks an index of stocks from developed countries outside North America. After screening for dividend growth and sustainability, the 50 highest yielding stocks are selected and given equal weight.

Global X MSCI SuperDividend EAFE ETF (EFAS) Chart

Key Statistics of Global X MSCI SuperDividend EAFE ETF (EFAS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
30.37%
Industrials
16.06%
Utilities
12.36%
Communication Services
11.27%
Materials
8.47%
Real Estate
6.95%
Energy
5.75%
Consumer Discretionary
4.86%
Other
2.11%
Consumer Staples
1.80%

FAQ's for Global X MSCI SuperDividend EAFE ETF (EFAS)

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