Is Global X PureCap MSCI Consumer Staples ETF halal to invest in?

As of September 2026, Global X PureCap MSCI Consumer Staples ETF GXPS 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 PureCap MSCI Consumer Staples 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 PureCap MSCI Consumer Staples ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X PureCap MSCI Consumer Staples ETF updated?

The Shariah compliance status of Global X PureCap MSCI Consumer Staples 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 PureCap MSCI Consumer Staples 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 PureCap MSCI Consumer Staples ETF?

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

Global X PureCap MSCI Consumer Staples ETF GXPS

GXPS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X PureCap MSCI Consumer Staples ETF is classified as not halal.

NOT HALAL

Is Global X PureCap MSCI Consumer Staples ETF Halal?

Shariah Compliance Analysis of GXPS ETF

US Equity Consumer Staples

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

GXPS was created on 2025-07-22 by Global X. The fund's investment portfolio concentrates primarily on consumer staples equity. The ETF currently has 30.06m in AUM and 34 holdings. GXPS tracks an index that selects US companies involved in the Consumer Staples sector. Holdings are weighted purely by market capitalization without maximum weight constraints.

Global X PureCap MSCI Consumer Staples ETF (GXPS) Chart

Key Statistics of Global X PureCap MSCI Consumer Staples ETF (GXPS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Global X PureCap MSCI Consumer Staples ETF (GXPS)

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