Global X Emerging Markets Internet & E-commerce ETF EWEB
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EWEB Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Global X Emerging Markets Internet & E-commerce ETF is classified as not halal.
NOT HALAL
Is Global X Emerging Markets Internet & E-commerce ETF Halal?
Shariah Compliance Analysis of EWEB ETF
US Equity Theme No. As of September 2026, Global X Emerging Markets Internet & E-commerce ETF (EWEB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Emerging Markets Internet & E-commerce ETF does not pass Musaffa's business and financial screening criteria.
EWEB was created on 2020-11-09 by Global X. The fund's investment portfolio concentrates primarily on theme equity. EWEB tracks an index of companies positioned to benefit from the advancement of internet and e-commerce technologies in emerging market countries.
Global X Emerging Markets Internet & E-commerce ETF (EWEB) Chart
Key Statistics of Global X Emerging Markets Internet & E-commerce ETF (EWEB)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Consumer Discretionary45.81%
- Communication Services33.77%
- Financials9.56%
- Other8.16%
- Information Technology1.69%
- Consumer Staples1.01%
FAQ's for Global X Emerging Markets Internet & E-commerce ETF (EWEB)
- As of September 2026, Global X Emerging Markets Internet & E-commerce ETF EWEB 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 Internet & E-commerce ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Global X Emerging Markets Internet & 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 Emerging Markets Internet & E-commerce ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.