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Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Cap Equity ETF GPAL

Is Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Cap Equity ETF Halal?

Shariah Compliance Analysis of GPAL ETF

No. As of October 2026, Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Cap Equity ETF (GPAL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

GPAL was created on 2021-12-13 by Goldman Sachs. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 7.86m in AUM and 332 holdings. GPAL tracks an index of tier-weighted US large-cap stocks comprising four factor sub-indices: value, momentum, quality, and low volatility. Holdings are screened and reweighted based on ESG criteria in line with the Paris Climate Agreements carbon reduction goals.

GPAL Shariah Compliance

As of October 2026, Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Cap Equity ETF is classified as not halal.

NOT HALAL

Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Cap Equity ETF (GPAL) Chart

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