Is SGI Enhanced Global Income ETF halal to invest in?

As of September 2026, SGI Enhanced Global Income ETF GINX 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 SGI Enhanced Global Income 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 SGI Enhanced Global Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SGI Enhanced Global Income ETF updated?

The Shariah compliance status of SGI Enhanced Global Income 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 SGI Enhanced Global Income 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 SGI Enhanced Global Income ETF?

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

SGI Enhanced Global Income ETF GINX

GINX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SGI Enhanced Global Income ETF is classified as not halal.

NOT HALAL

Is SGI Enhanced Global Income ETF Halal?

Shariah Compliance Analysis of GINX ETF

US Equity Total Market

No. As of September 2026, SGI Enhanced Global Income ETF (GINX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SGI Enhanced Global Income ETF does not pass Musaffa's business and financial screening criteria.

GINX was created on 2024-02-29 by Summit Global Investments. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 78.95m in AUM and 141 holdings. GINX actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options.

SGI Enhanced Global Income ETF (GINX) Chart

Key Statistics of SGI Enhanced Global Income ETF (GINX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for SGI Enhanced Global Income ETF (GINX)

As of September 2026, SGI Enhanced Global Income ETF GINX 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 SGI Enhanced Global Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of SGI Enhanced Global Income 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 SGI Enhanced Global Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.