Is Global X MSCI Pakistan ETF halal to invest in?

As of September 2026, Global X MSCI Pakistan ETF PAK 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 Global X MSCI Pakistan 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 Global X MSCI Pakistan ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X MSCI Pakistan ETF updated?

The Shariah compliance status of Global X MSCI Pakistan 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 Global X MSCI Pakistan 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 Global X MSCI Pakistan ETF?

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

Global X MSCI Pakistan ETF PAK

PAK Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X MSCI Pakistan ETF is classified as not halal.

NOT HALAL

Is Global X MSCI Pakistan ETF Halal?

Shariah Compliance Analysis of PAK ETF

US Equity Total Market

No. As of September 2026, Global X MSCI Pakistan ETF (PAK) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X MSCI Pakistan ETF does not pass Musaffa's business and financial screening criteria.

PAK was created on 2015-04-22 by Global X. The fund's investment portfolio concentrates primarily on total market equity. PAK tracks a market-cap-weighted index of companies that are headquartered or listed in Pakistan and carry out the majority of their operations there.

Global X MSCI Pakistan ETF (PAK) Chart

Key Statistics of Global X MSCI Pakistan ETF (PAK)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
90.60%
Financials
5.37%
Utilities
4.03%

FAQ's for Global X MSCI Pakistan ETF (PAK)

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