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Global X Enhanced Nasdaq100 Covered Call ETF Trust Units A QQCL.TO

Is Global X Enhanced Nasdaq100 Covered Call ETF Trust Units A Halal?

Shariah Compliance Analysis of QQCL.TO ETF

No. As of October 2026, Global X Enhanced Nasdaq100 Covered Call ETF Trust Units A (QQCL.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

QQCL.TO was created on 2023-10-10 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. QQCL.TO seeks to provide 1.25x exposure to NASDAQ 100 stocks, while utilizing a dynamic covered call strategy. The fund aims for high monthly distributions of dividend income and call option premiums.

QQCL.TO Shariah Compliance

As of October 2026, Global X Enhanced Nasdaq100 Covered Call ETF Trust Units A is classified as not halal.

NOT HALAL

Global X Enhanced Nasdaq100 Covered Call ETF Trust Units A (QQCL.TO) Chart

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