Is FlexShares Global Quality Real Estate Index Fund halal to invest in?

As of September 2026, FlexShares Global Quality Real Estate Index Fund GQRE 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 FlexShares Global Quality Real Estate Index Fund 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 FlexShares Global Quality Real Estate Index Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for FlexShares Global Quality Real Estate Index Fund updated?

The Shariah compliance status of FlexShares Global Quality Real Estate Index Fund 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 FlexShares Global Quality Real Estate Index Fund?

You can check the latest Shariah compliance status of FlexShares Global Quality Real Estate Index Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

FlexShares Global Quality Real Estate Index Fund GQRE

GQRE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, FlexShares Global Quality Real Estate Index Fund is classified as not halal.

NOT HALAL

Is FlexShares Global Quality Real Estate Index Fund ETF Halal?

Shariah Compliance Analysis of GQRE ETF

US Equity Real Estate

No. As of September 2026, FlexShares Global Quality Real Estate Index Fund (GQRE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. FlexShares Global Quality Real Estate Index Fund does not pass Musaffa's business and financial screening criteria.

GQRE was created on 2013-11-05 by FlexShares. The fund's investment portfolio concentrates primarily on real estate equity. GQRE tracks a global index of non-mortgage REITs and operating companies, selected and weighted by quality, momentum and value.

FlexShares Global Quality Real Estate Index Fund (GQRE) Chart

Key Statistics of FlexShares Global Quality Real Estate Index Fund (GQRE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Real Estate
97.73%
Other
1.75%
Financials
0.52%

FAQ's for FlexShares Global Quality Real Estate Index Fund (GQRE)

As of September 2026, FlexShares Global Quality Real Estate Index Fund GQRE 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 FlexShares Global Quality Real Estate Index Fund using these criteria to determine its compliance status.
The Shariah compliance status of FlexShares Global Quality Real Estate Index Fund 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 FlexShares Global Quality Real Estate Index Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.