Is Goldman Sachs Defensive Equity ETF halal to invest in?

As of September 2026, Goldman Sachs Defensive Equity ETF GDEF 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 Goldman Sachs Defensive Equity 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 Goldman Sachs Defensive Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Goldman Sachs Defensive Equity ETF updated?

The Shariah compliance status of Goldman Sachs Defensive Equity 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 Goldman Sachs Defensive Equity 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 Goldman Sachs Defensive Equity ETF?

You can check the latest Shariah compliance status of Goldman Sachs Defensive Equity ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Goldman Sachs Defensive Equity ETF GDEF

GDEF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Goldman Sachs Defensive Equity ETF is classified as not halal.

NOT HALAL

Is Goldman Sachs Defensive Equity ETF Halal?

Shariah Compliance Analysis of GDEF ETF

US Equity Large Cap

No. As of September 2026, Goldman Sachs Defensive Equity ETF (GDEF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Goldman Sachs Defensive Equity ETF does not pass Musaffa's business and financial screening criteria.

GDEF was created on 2023-01-23 by Goldman Sachs. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 7.42m in AUM and 270 holdings. GDEF seeks capital growth by holding a portfolio of US large-cap equities while utilizing a naked put spread collar strategy on the S&P 500 Index. The fund is actively managed.

Goldman Sachs Defensive Equity ETF (GDEF) Chart

Key Statistics of Goldman Sachs Defensive Equity ETF (GDEF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
24.34%
Other
17.65%
Industrials
11.52%
Health Care
10.03%
Financials
8.23%
Consumer Discretionary
7.20%
Consumer Staples
6.80%
Communication Services
5.91%
Materials
2.88%
Energy
2.27%
Utilities
1.96%
Real Estate
1.21%

FAQ's for Goldman Sachs Defensive Equity ETF (GDEF)

As of September 2026, Goldman Sachs Defensive Equity ETF GDEF 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 Goldman Sachs Defensive Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of Goldman Sachs Defensive Equity 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 Goldman Sachs Defensive Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.