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Goldman Sachs ActiveBeta Emerging Markets Equity ETF GEM
GEM Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Goldman Sachs ActiveBeta Emerging Markets Equity ETF is classified as not halal.
NOT HALAL
Is Goldman Sachs ActiveBeta Emerging Markets Equity ETF Halal?
Shariah Compliance Analysis of GEM ETF
No. As of September 2026, Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Goldman Sachs ActiveBeta Emerging Markets Equity ETF does not pass Musaffa's business and financial screening criteria.
GEM was created on 2015-09-29 by Goldman Sachs. The fund's investment portfolio concentrates primarily on total market equity. GEM tracks an index of emerging market stocks comprising of four sub-indices: value, momentum, quality and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) Chart
Key Statistics of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Information Technology23.08%
- Financials19.40%
- Other12.39%
- Consumer Discretionary9.83%
- Communication Services7.91%
- Consumer Staples6.17%
- Materials5.67%
- Industrials5.52%
- Health Care3.85%
- Energy3.10%
- Utilities2.07%
- Real Estate1.01%
FAQ's for Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)
- As of September 2026, Goldman Sachs ActiveBeta Emerging Markets Equity ETF GEM 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 ActiveBeta Emerging Markets Equity ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Goldman Sachs ActiveBeta Emerging Markets 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 ActiveBeta Emerging Markets Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
