Is iShares Global Equity Factor ETF halal to invest in?

As of September 2026, iShares Global Equity Factor ETF GLOF 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 iShares Global Equity Factor 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 iShares Global Equity Factor ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Global Equity Factor ETF updated?

The Shariah compliance status of iShares Global Equity Factor 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 iShares Global Equity Factor 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 iShares Global Equity Factor ETF?

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

iShares Global Equity Factor ETF GLOF

GLOF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Global Equity Factor ETF is classified as not halal.

NOT HALAL

Is iShares Global Equity Factor ETF Halal?

Shariah Compliance Analysis of GLOF ETF

US Equity Total Market

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

GLOF was created on 2015-04-28 by iShares. The fund's investment portfolio concentrates primarily on total market equity. GLOF tracks an index of large- and mid-cap equities from around the world. Stocks are selected and weighted to optimize exposure to five factors: quality, value, momentum, smaller size and low volatility.

iShares Global Equity Factor ETF (GLOF) Chart

Key Statistics of iShares Global Equity Factor ETF (GLOF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
26.58%
Financials
15.06%
Consumer Discretionary
12.31%
Health Care
10.99%
Industrials
8.31%
Consumer Staples
6.89%
Other
4.70%
Materials
3.75%
Communication Services
3.74%
Energy
3.19%
Utilities
3.05%
Real Estate
1.43%

FAQ's for iShares Global Equity Factor ETF (GLOF)

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