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GlacierShares Nasdaq Iceland ETF GLCR

Is GlacierShares Nasdaq Iceland ETF Halal?

Shariah Compliance Analysis of GLCR ETF

No. As of October 2026, GlacierShares Nasdaq Iceland ETF (GLCR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

GLCR was created on 2025-03-26 by Teucrium. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 0.79m in AUM and 32 holdings. GLCR is passively managed index of Icelandic companies and companies related to the Iceland economy. The narrow portfolio is selected and weighted based on market-cap.

GLCR Shariah Compliance

As of October 2026, GlacierShares Nasdaq Iceland ETF is classified as not halal.

NOT HALAL

GlacierShares Nasdaq Iceland ETF (GLCR) Chart

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