As of September 2026, Global X FinTech ETF is classified as not halal.
NOT HALAL
Is Global X FinTech ETF Halal?
Shariah Compliance Analysis of FINX ETF
US Equity Theme
No. As of September 2026, Global X FinTech ETF (FINX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X FinTech ETF does not pass Musaffa's business and financial screening criteria.
FINX was created on 2016-09-12 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 258.64m in AUM and 64 holdings. FINX tracks a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services.
Global X FinTech ETF (FINX) Chart
Key Statistics of Global X FinTech ETF (FINX)
Today's Open
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AUM
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Avg. Volume
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Expense Ratio
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P/E Ratio
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P/B Ratio
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Sector Exposure
Financials
67.55%
Information Technology
24.59%
Industrials
5.13%
Health Care
1.85%
Other
0.88%
FAQ's for Global X FinTech ETF (FINX)
As of September 2026, Global X FinTech ETF FINX 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 FinTech ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X FinTech 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 FinTech ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.