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Global X NASDAQ 100 Risk Managed Income ETF QRMI

Is Global X NASDAQ 100 Risk Managed Income ETF Halal?

Shariah Compliance Analysis of QRMI ETF

No. As of October 2026, Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

QRMI was created on 2021-08-25 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 16.05m in AUM and 102 holdings. QRMI tracks an index that holds NASDAQ 100 stocks while employing an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.

QRMI Shariah Compliance

As of October 2026, Global X NASDAQ 100 Risk Managed Income ETF is classified as not halal.

NOT HALAL

Global X NASDAQ 100 Risk Managed Income ETF (QRMI) Chart

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