Is Roundhill GOOGL WeeklyPay ETF halal to invest in?

As of September 2026, Roundhill GOOGL WeeklyPay ETF GOOW 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 Roundhill GOOGL WeeklyPay 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 Roundhill GOOGL WeeklyPay ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Roundhill GOOGL WeeklyPay ETF updated?

The Shariah compliance status of Roundhill GOOGL WeeklyPay 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 Roundhill GOOGL WeeklyPay 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 Roundhill GOOGL WeeklyPay ETF?

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

Roundhill GOOGL WeeklyPay ETF GOOW

GOOW Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Roundhill GOOGL WeeklyPay ETF is classified as not halal.

NOT HALAL

Is Roundhill GOOGL WeeklyPay ETF Halal?

Shariah Compliance Analysis of GOOW ETF

US Equity Communication Services

No. As of September 2026, Roundhill GOOGL WeeklyPay ETF (GOOW) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Roundhill GOOGL WeeklyPay ETF does not pass Musaffa's business and financial screening criteria.

GOOW was created on 2025-07-24 by Roundhill. The fund's investment portfolio concentrates primarily on communication services equity. GOOW is an actively managed fund seeking to provide weekly distributions and 1.2x leveraged exposure to the weekly price return of Alphabet Inc. stock (GOOGL).

Roundhill GOOGL WeeklyPay ETF (GOOW) Chart

Key Statistics of Roundhill GOOGL WeeklyPay ETF (GOOW)

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FAQ's for Roundhill GOOGL WeeklyPay ETF (GOOW)

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