Is Activebeta World Low Vol Plus Equity ETF halal to invest in?

As of September 2026, Activebeta World Low Vol Plus Equity ETF GLOV 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 Activebeta World Low Vol Plus Equity 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 Activebeta World Low Vol Plus Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Activebeta World Low Vol Plus Equity ETF updated?

The Shariah compliance status of Activebeta World Low Vol Plus Equity 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 Activebeta World Low Vol Plus Equity 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 Activebeta World Low Vol Plus Equity ETF?

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

Activebeta World Low Vol Plus Equity ETF GLOV

GLOV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Activebeta World Low Vol Plus Equity ETF is classified as not halal.

NOT HALAL

Is Activebeta World Low Vol Plus Equity ETF Halal?

Shariah Compliance Analysis of GLOV ETF

US Equity Total Market

No. As of September 2026, Activebeta World Low Vol Plus Equity ETF (GLOV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Activebeta World Low Vol Plus Equity ETF does not pass Musaffa's business and financial screening criteria.

GLOV was created on 2022-03-15 by Goldman Sachs. The fund's investment portfolio concentrates primarily on total market equity. GLOV tracks a tier-weighted index that selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility.

Activebeta World Low Vol Plus Equity ETF (GLOV) Chart

Key Statistics of Activebeta World Low Vol Plus Equity ETF (GLOV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
22.57%
Financials
17.74%
Industrials
13.47%
Health Care
11.36%
Consumer Staples
11.19%
Consumer Discretionary
9.62%
Communication Services
7.13%
Other
3.02%
Materials
1.43%
Energy
1.07%
Utilities
1.00%
Real Estate
0.40%

FAQ's for Activebeta World Low Vol Plus Equity ETF (GLOV)

As of September 2026, Activebeta World Low Vol Plus Equity ETF GLOV 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 Activebeta World Low Vol Plus Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of Activebeta World Low Vol Plus 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 Activebeta World Low Vol Plus Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.