Is Global X Nasdaq 100 Covered Call UCITS ETF USD halal to invest in?

As of September 2026, Global X Nasdaq 100 Covered Call UCITS ETF USD QYLD.L 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 Covered Call UCITS ETF USD 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 Covered Call UCITS ETF USD using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X Nasdaq 100 Covered Call UCITS ETF USD updated?

The Shariah compliance status of Global X Nasdaq 100 Covered Call UCITS ETF USD 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 Covered Call UCITS ETF USD 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 Covered Call UCITS ETF USD?

You can check the latest Shariah compliance status of Global X Nasdaq 100 Covered Call UCITS ETF USD on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Global X Nasdaq 100 Covered Call UCITS ETF USD QYLD.L

QYLD.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X Nasdaq 100 Covered Call UCITS ETF USD is classified as not halal.

NOT HALAL

Is Global X Nasdaq 100 Covered Call UCITS ETF USD Halal?

Shariah Compliance Analysis of QYLD.L ETF

GB Equity Large Cap

No. As of September 2026, Global X Nasdaq 100 Covered Call UCITS ETF USD (QYLD.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Nasdaq 100 Covered Call UCITS ETF USD does not pass Musaffa's business and financial screening criteria.

QYLD.L was created on 2022-11-22 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 839.76m in AUM and 67 holdings. The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE NASDAQ-100 BuyWrite V2 UCITS Index (the Index)

Global X Nasdaq 100 Covered Call UCITS ETF USD (QYLD.L) Chart

Key Statistics of Global X Nasdaq 100 Covered Call UCITS ETF USD (QYLD.L)

Today's Open

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FAQ's for Global X Nasdaq 100 Covered Call UCITS ETF USD (QYLD.L)

As of September 2026, Global X Nasdaq 100 Covered Call UCITS ETF USD QYLD.L 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 Covered Call UCITS ETF USD using these criteria to determine its compliance status.
The Shariah compliance status of Global X Nasdaq 100 Covered Call UCITS ETF USD 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 Covered Call UCITS ETF USD on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.