Is Global X HealthTech ETF halal to invest in?

As of September 2026, Global X HealthTech ETF HEAL 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 HealthTech 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 HealthTech ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of Global X HealthTech 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 HealthTech 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 HealthTech ETF?

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

Global X HealthTech ETF HEAL

HEAL Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Global X HealthTech ETF Halal?

Shariah Compliance Analysis of HEAL ETF

US Equity Health Care

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

HEAL was created on 2020-07-29 by Global X. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 41.96m in AUM and 41 holdings. HEAL tracks a narrow index of stocks globally, seeking to capture novel applications of AI technology and robotics focused on the healthcare industry. Companies selected must derive 50% of their revenue from one of the four subthemes. Holdings are weighted based on free-float market capitalization.

Global X HealthTech ETF (HEAL) Chart

Key Statistics of Global X HealthTech ETF (HEAL)

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FAQ's for Global X HealthTech ETF (HEAL)

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