Is Global X MSCI Colombia ETF halal to invest in?

As of September 2026, Global X MSCI Colombia ETF GXG 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 Global X MSCI Colombia 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 Global X MSCI Colombia ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X MSCI Colombia ETF updated?

The Shariah compliance status of Global X MSCI Colombia 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 Global X MSCI Colombia 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 Global X MSCI Colombia ETF?

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

Global X MSCI Colombia ETF GXG

GXG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X MSCI Colombia ETF is classified as not halal.

NOT HALAL

Is Global X MSCI Colombia ETF Halal?

Shariah Compliance Analysis of GXG ETF

US Equity Total Market

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

GXG was created on 2009-02-05 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 98.1m in AUM and 24 holdings. GXG tracks an index of large-, mid, and small-cap Colombian companies.

Global X MSCI Colombia ETF (GXG) Chart

Key Statistics of Global X MSCI Colombia ETF (GXG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
30.21%
Utilities
21.00%
Energy
19.06%
Financials
15.13%
Materials
8.51%
Industrials
6.09%

FAQ's for Global X MSCI Colombia ETF (GXG)

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