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KraneShares Global Luxury Index ETF KLXY

Is KraneShares Global Luxury Index ETF Halal?

Shariah Compliance Analysis of KLXY ETF

No. As of October 2026, KraneShares Global Luxury Index ETF (KLXY) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology.

KLXY was created on 2023-09-07 by KraneShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 2.01m in AUM and 24 holdings. KLXY tracks an index comprised of companies in developed markets that offer luxury goods and services. The index selects and weights holdings towards those companies with most business exposure related to the investment theme.

KLXY Shariah Compliance

As of October 2026, KraneShares Global Luxury Index ETF is classified as doubtful.

DOUBTFUL

KraneShares Global Luxury Index ETF (KLXY) Chart

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