Is Nuveen Global Net Zero Transition ETF halal to invest in?

As of September 2026, Nuveen Global Net Zero Transition ETF NTZG 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 Nuveen Global Net Zero Transition 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 Nuveen Global Net Zero Transition ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Nuveen Global Net Zero Transition ETF updated?

The Shariah compliance status of Nuveen Global Net Zero Transition 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 Nuveen Global Net Zero Transition 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 Nuveen Global Net Zero Transition ETF?

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

Nuveen Global Net Zero Transition ETF NTZG

NTZG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Nuveen Global Net Zero Transition ETF is classified as not halal.

NOT HALAL

Is Nuveen Global Net Zero Transition ETF Halal?

Shariah Compliance Analysis of NTZG ETF

US Equity Theme

No. As of September 2026, Nuveen Global Net Zero Transition ETF (NTZG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Nuveen Global Net Zero Transition ETF does not pass Musaffa's business and financial screening criteria.

NTZG was created on 2022-06-23 by Nuveen. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 6.65m in AUM and 71 holdings. NTZG is an actively managed portfolio of companies around the world that are positioned to contribute to the transition of the global economy to net zero carbon emissions.

Nuveen Global Net Zero Transition ETF (NTZG) Chart

Key Statistics of Nuveen Global Net Zero Transition ETF (NTZG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
20.78%
Health Care
11.79%
Financials
11.75%
Consumer Discretionary
11.09%
Industrials
10.18%
Consumer Staples
7.67%
Energy
7.47%
Utilities
4.95%
Materials
4.67%
Communication Services
4.36%
Other
2.91%
Real Estate
2.38%

FAQ's for Nuveen Global Net Zero Transition ETF (NTZG)

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