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Global X Mid-Term Government Bond Premium Yield ETF Trust Unit A PAYM.TO

Is Global X Mid-Term Government Bond Premium Yield ETF Trust Unit A Halal?

Shariah Compliance Analysis of PAYM.TO ETF

No. As of October 2026, Global X Mid-Term Government Bond Premium Yield ETF Trust Unit A (PAYM.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PAYM.TO was created on 2024-11-07 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund is actively managed to invest in government debt securities issued by the Government of Canada and the US Treasury, while targeting a duration of five to ten years. The fund seeks high monthly distributions from interest income and option premiums.

PAYM.TO Shariah Compliance

As of October 2026, Global X Mid-Term Government Bond Premium Yield ETF Trust Unit A is classified as not halal.

NOT HALAL

Global X Mid-Term Government Bond Premium Yield ETF Trust Unit A (PAYM.TO) Chart

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