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Range Global Offshore Oil Services Index ETF OFOS

Is Range Global Offshore Oil Services Index ETF Halal?

Shariah Compliance Analysis of OFOS ETF

No. As of October 2026, Range Global Offshore Oil Services Index ETF (OFOS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

OFOS was created on 2024-01-23 by Range. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 4.32m in AUM and 31 holdings. OFOS is passively managed, tracking a market cap-weighted index consisting of global stocks primarily engaged in the offshore oil services industry.

OFOS Shariah Compliance

As of October 2026, Range Global Offshore Oil Services Index ETF is classified as not halal.

NOT HALAL

Range Global Offshore Oil Services Index ETF (OFOS) Chart

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