Is VanEck Gold Miners UCITS ETF Accum A USD halal to invest in?

As of September 2026, VanEck Gold Miners UCITS ETF Accum A USD GDX.L 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 VanEck Gold Miners UCITS ETF Accum A USD 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 VanEck Gold Miners UCITS ETF Accum A USD using these criteria to determine its compliance status.

How often is the Shariah compliance for VanEck Gold Miners UCITS ETF Accum A USD updated?

The Shariah compliance status of VanEck Gold Miners UCITS ETF Accum A USD may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like VanEck Gold Miners UCITS ETF Accum A USD 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 VanEck Gold Miners UCITS ETF Accum A USD?

You can check the latest Shariah compliance status of VanEck Gold Miners UCITS ETF Accum A USD on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

VanEck Gold Miners UCITS ETF Accum A USD GDX.L

GDX.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, VanEck Gold Miners UCITS ETF Accum A USD is classified as not halal.

NOT HALAL

Is VanEck Gold Miners UCITS ETF Accum A USD Halal?

Shariah Compliance Analysis of GDX.L ETF

GB Equity Materials

No. As of September 2026, VanEck Gold Miners UCITS ETF Accum A USD (GDX.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VanEck Gold Miners UCITS ETF Accum A USD does not pass Musaffa's business and financial screening criteria.

GDX.L was created on 2015-03-25 by VanEck. The fund's investment portfolio concentrates primarily on materials equity. The ETF currently has 4690.37m in AUM and 60 holdings. VanEck Gold Miners UCITS ETF (GDX.L) is a UCITS-compliant exchange-traded fund that invests in a portfolio of equity securities with the aim of providing investment returns that closely track the performance of the NYSE Arca Gold Miners Index (GDMNTR).

VanEck Gold Miners UCITS ETF Accum A USD (GDX.L) Chart

Key Statistics of VanEck Gold Miners UCITS ETF Accum A USD (GDX.L)

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FAQ's for VanEck Gold Miners UCITS ETF Accum A USD (GDX.L)

As of September 2026, VanEck Gold Miners UCITS ETF Accum A USD GDX.L 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 VanEck Gold Miners UCITS ETF Accum A USD using these criteria to determine its compliance status.
The Shariah compliance status of VanEck Gold Miners UCITS ETF Accum A USD 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 VanEck Gold Miners UCITS ETF Accum A USD on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.