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Global X Enhanced Nasdaq-100 Index ETF Trust Unit A QQQL.TO

Is Global X Enhanced Nasdaq-100 Index ETF Trust Unit A Halal?

Shariah Compliance Analysis of QQQL.TO ETF

No. As of October 2026, Global X Enhanced Nasdaq-100 Index ETF Trust Unit A (QQQL.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

QQQL.TO was created on 2024-05-21 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The fund provides 1.25x daily leveraged exposure to the NASDAQ-100, a market-cap-weighted index of 100 NASDAQ-listed stocks, excluding financials.

QQQL.TO Shariah Compliance

As of October 2026, Global X Enhanced Nasdaq-100 Index ETF Trust Unit A is classified as not halal.

NOT HALAL

Global X Enhanced Nasdaq-100 Index ETF Trust Unit A (QQQL.TO) Chart

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