Is Global X Video Games & Esports ETF halal to invest in?

As of September 2026, Global X Video Games & Esports ETF HERO 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 Video Games & Esports 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 Video Games & Esports ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X Video Games & Esports ETF updated?

The Shariah compliance status of Global X Video Games & Esports 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 Video Games & Esports 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 Video Games & Esports ETF?

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

Global X Video Games & Esports ETF HERO

HERO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X Video Games & Esports ETF is classified as not halal.

NOT HALAL

Is Global X Video Games & Esports ETF Halal?

Shariah Compliance Analysis of HERO ETF

US Equity Theme

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

HERO was created on 2019-10-25 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 107.07m in AUM and 47 holdings. HERO tracks a modified market-cap-weighted global index of companies in video games and esports industry.

Global X Video Games & Esports ETF (HERO) Chart

Key Statistics of Global X Video Games & Esports ETF (HERO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
90.98%
Information Technology
8.19%
Consumer Discretionary
0.76%
Other
0.07%

FAQ's for Global X Video Games & Esports ETF (HERO)

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