As of September 2026, Global X Emerging Markets Bond ETF is classified as not halal.
NOT HALAL
Is Global X Emerging Markets Bond ETF Halal?
Shariah Compliance Analysis of EMBD ETF
US Fixed Income Broad Credit
No. As of September 2026, Global X Emerging Markets Bond ETF (EMBD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Emerging Markets Bond ETF does not pass Musaffa's business and financial screening criteria.
EMBD was created on 2020-06-01 by Global X. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 285.62m in AUM and 204 holdings. EMBD is actively managed to invest in broad emerging market bonds with any maturity.
Global X Emerging Markets Bond ETF (EMBD) Chart
Key Statistics of Global X Emerging Markets Bond ETF (EMBD)
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FAQ's for Global X Emerging Markets Bond ETF (EMBD)
As of September 2026, Global X Emerging Markets Bond ETF EMBD 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 Emerging Markets Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X Emerging Markets Bond 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 Emerging Markets Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.