Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET HXEM.TO

Is Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET Halal?

Q: Is Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET 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 Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET using these criteria to determine its compliance status.

Q: How often is the Shariah compliance for Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET updated?

The Shariah compliance status of Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Q: Can a halal ETF like Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET 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.

Q: Where can I check the Shariah status of Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET?

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

Shariah Compliance Analysis of HXEM.TO ETF

No. As of October 2026, Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET (HXEM.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HXEM.TO was created on 2020-08-04 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The fund tracks an index that provides exposure to large- and mid-cap stocks from 26 emerging market countries via long exposure to MSCI Emerging Market Index Futures.

HXEM.TO Shariah Compliance

As of October 2026, Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET is classified as not halal.

NOT HALAL

Global X Emerging Markets Equity Index Corporate Class ETF Equity Index Corporate Class ET (HXEM.TO) Chart

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