Is SPDR Gold Minishares Trust of beneficial interest halal to invest in?

As of September 2026, SPDR Gold Minishares Trust of beneficial interest GLDM is classified as 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 SPDR Gold Minishares Trust of beneficial interest 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 SPDR Gold Minishares Trust of beneficial interest using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR Gold Minishares Trust of beneficial interest updated?

The Shariah compliance status of SPDR Gold Minishares Trust of beneficial interest may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of SPDR Gold Minishares Trust of beneficial interest?

You can check the latest Shariah compliance status of SPDR Gold Minishares Trust of beneficial interest on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SPDR Gold Minishares Trust of beneficial interest GLDM

GLDM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR Gold Minishares Trust of beneficial interest is classified as halal.

HALAL

Is SPDR Gold Minishares Trust of beneficial interest ETF Halal?

Shariah Compliance Analysis of GLDM ETF

US Commodities Gold

Yes. As of September 2026, SPDR Gold Minishares Trust of beneficial interest (GLDM) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR Gold Minishares Trust of beneficial interest passes Musaffa's business and financial screening criteria.

GLDM was created on 2018-06-25 by SPDR. The fund's investment portfolio concentrates primarily on gold commodities. GLDM tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults.

SPDR Gold Minishares Trust of beneficial interest (GLDM) Chart

Key Statistics of SPDR Gold Minishares Trust of beneficial interest (GLDM)

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FAQ's for SPDR Gold Minishares Trust of beneficial interest (GLDM)

As of September 2026, SPDR Gold Minishares Trust of beneficial interest GLDM is classified as 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 SPDR Gold Minishares Trust of beneficial interest using these criteria to determine its compliance status.
The Shariah compliance status of SPDR Gold Minishares Trust of beneficial interest 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 SPDR Gold Minishares Trust of beneficial interest on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.