Is Roundhill S&P Global Luxury ETF halal to invest in?

As of September 2026, Roundhill S&P Global Luxury ETF LUXX 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 Roundhill S&P Global Luxury 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 Roundhill S&P Global Luxury ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Roundhill S&P Global Luxury ETF updated?

The Shariah compliance status of Roundhill S&P Global Luxury 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 Roundhill S&P Global Luxury 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 Roundhill S&P Global Luxury ETF?

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

Roundhill S&P Global Luxury ETF LUXX

LUXX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Roundhill S&P Global Luxury ETF is classified as not halal.

NOT HALAL

Is Roundhill S&P Global Luxury ETF Halal?

Shariah Compliance Analysis of LUXX ETF

US Equity Theme

No. As of September 2026, Roundhill S&P Global Luxury ETF (LUXX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Roundhill S&P Global Luxury ETF does not pass Musaffa's business and financial screening criteria.

LUXX was created on 2023-08-23 by Roundhill. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 1.19m in AUM and 83 holdings. LUXX is passively managed to provide exposure to stocks listed globally that provide goods or services defined as a luxury. Stocks are selected and weighted based on the amount of luxury market exposure and market capitalization.

Roundhill S&P Global Luxury ETF (LUXX) Chart

Key Statistics of Roundhill S&P Global Luxury ETF (LUXX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
85.15%
Consumer Staples
13.64%
Other
1.21%

FAQ's for Roundhill S&P Global Luxury ETF (LUXX)

As of September 2026, Roundhill S&P Global Luxury ETF LUXX 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 Roundhill S&P Global Luxury ETF using these criteria to determine its compliance status.
The Shariah compliance status of Roundhill S&P Global Luxury 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 Roundhill S&P Global Luxury ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.