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American Beacon GLG Natural Resources ETF MGNR

Is American Beacon GLG Natural Resources ETF Halal?

Shariah Compliance Analysis of MGNR ETF

No. As of October 2026, American Beacon GLG Natural Resources ETF (MGNR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MGNR was created on 2024-02-06 by American Beacon. The fund's investment portfolio concentrates primarily on theme equity. MGNR is actively managed, seeking long-term capital appreciation through investments in a narrow portfolio of global stocks that are predominantly involved in natural resources and related businesses.

MGNR Shariah Compliance

As of October 2026, American Beacon GLG Natural Resources ETF is classified as not halal.

NOT HALAL

American Beacon GLG Natural Resources ETF (MGNR) Chart

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