Is Global X Conscious Companies ETF halal to invest in?

As of September 2026, Global X Conscious Companies ETF KRMA 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 Conscious Companies 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 Conscious Companies ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of Global X Conscious Companies 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 Conscious Companies 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 Conscious Companies ETF?

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

Global X Conscious Companies ETF KRMA

KRMA Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Global X Conscious Companies ETF Halal?

Shariah Compliance Analysis of KRMA ETF

US Equity Total Market

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

KRMA was created on 2016-07-11 by Global X. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 118.64m in AUM and 143 holdings. KRMA tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics.

Global X Conscious Companies ETF (KRMA) Chart

Key Statistics of Global X Conscious Companies ETF (KRMA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
33.47%
Health Care
16.03%
Financials
12.31%
Consumer Discretionary
10.69%
Communication Services
7.59%
Industrials
6.62%
Consumer Staples
5.70%
Energy
3.19%
Real Estate
2.00%
Materials
1.38%
Utilities
0.92%
Other
0.10%

FAQ's for Global X Conscious Companies ETF (KRMA)

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