Is Global X NASDAQ 100 Collar 95-110 ETF halal to invest in?

As of September 2026, Global X NASDAQ 100 Collar 95-110 ETF QCLR 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 NASDAQ 100 Collar 95-110 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 NASDAQ 100 Collar 95-110 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X NASDAQ 100 Collar 95-110 ETF updated?

The Shariah compliance status of Global X NASDAQ 100 Collar 95-110 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 NASDAQ 100 Collar 95-110 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 NASDAQ 100 Collar 95-110 ETF?

You can check the latest Shariah compliance status of Global X NASDAQ 100 Collar 95-110 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Global X NASDAQ 100 Collar 95-110 ETF QCLR

QCLR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X NASDAQ 100 Collar 95-110 ETF is classified as not halal.

NOT HALAL

Is Global X NASDAQ 100 Collar 95-110 ETF Halal?

Shariah Compliance Analysis of QCLR ETF

US Equity Large Cap

No. As of September 2026, Global X NASDAQ 100 Collar 95-110 ETF (QCLR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X NASDAQ 100 Collar 95-110 ETF does not pass Musaffa's business and financial screening criteria.

QCLR was created on 2021-08-25 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 3.62m in AUM and 102 holdings. QCLR tracks an index that invests in the Nasdaq 100 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-money.

Global X NASDAQ 100 Collar 95-110 ETF (QCLR) Chart

Key Statistics of Global X NASDAQ 100 Collar 95-110 ETF (QCLR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
48.63%
Communication Services
13.57%
Consumer Discretionary
13.39%
Consumer Staples
5.86%
Health Care
5.51%
Other
4.54%
Industrials
4.47%
Materials
1.43%
Utilities
1.30%
Energy
0.59%
Financials
0.52%
Real Estate
0.19%

FAQ's for Global X NASDAQ 100 Collar 95-110 ETF (QCLR)

As of September 2026, Global X NASDAQ 100 Collar 95-110 ETF QCLR 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 NASDAQ 100 Collar 95-110 ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X NASDAQ 100 Collar 95-110 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 NASDAQ 100 Collar 95-110 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.