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Global Beta Low Beta ETF GBLO
GBLO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Global Beta Low Beta ETF is classified as not halal.
NOT HALAL
Is Global Beta Low Beta ETF Halal?
Shariah Compliance Analysis of GBLO ETF
No. As of September 2026, Global Beta Low Beta ETF (GBLO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global Beta Low Beta ETF does not pass Musaffa's business and financial screening criteria.
GBLO was created on 2020-07-24 by Global Beta. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 5.84m in AUM and 103 holdings. GBLO tracks a revenue-weighted index of S&P 500 stocks with the lowest beta to the broad market.
Global Beta Low Beta ETF (GBLO) Chart
Key Statistics of Global Beta Low Beta ETF (GBLO)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Health Care34.46%
- Consumer Staples26.13%
- Energy9.46%
- Communication Services8.69%
- Utilities8.48%
- Industrials6.09%
- Financials3.70%
- Information Technology1.66%
- Real Estate0.70%
- Other0.41%
- Materials0.22%
FAQ's for Global Beta Low Beta ETF (GBLO)
- As of September 2026, Global Beta Low Beta ETF GBLO 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 Beta Low Beta ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Global Beta Low Beta 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 Beta Low Beta ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
