Is Range Global LNG Ecosystem Index ETF halal to invest in?

As of September 2026, Range Global LNG Ecosystem Index ETF LNGZ 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 Range Global LNG Ecosystem Index 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 Range Global LNG Ecosystem Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Range Global LNG Ecosystem Index ETF updated?

The Shariah compliance status of Range Global LNG Ecosystem Index 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 Range Global LNG Ecosystem Index 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 Range Global LNG Ecosystem Index ETF?

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

Range Global LNG Ecosystem Index ETF LNGZ

LNGZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Range Global LNG Ecosystem Index ETF is classified as not halal.

NOT HALAL

Is Range Global LNG Ecosystem Index ETF Halal?

Shariah Compliance Analysis of LNGZ ETF

US Equity Energy

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

LNGZ was created on 2024-01-23 by Range. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 5.3m in AUM and 28 holdings. LNGZ tracks a market cap-weighted index of stocks from around the world that are materially engaged in the liquefied natural gas industry.

Range Global LNG Ecosystem Index ETF (LNGZ) Chart

Key Statistics of Range Global LNG Ecosystem Index ETF (LNGZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Range Global LNG Ecosystem Index ETF (LNGZ)

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