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Global X Enhanced Russell 2000 Covered Call ETF Trust Units RSCL.NE

Is Global X Enhanced Russell 2000 Covered Call ETF Trust Units Halal?

Shariah Compliance Analysis of RSCL.NE ETF

No. As of October 2026, Global X Enhanced Russell 2000 Covered Call ETF Trust Units (RSCL.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RSCL.NE was created on 2025-04-30 by Global X. The fund's investment portfolio concentrates primarily on small cap equity. The fund seeks to provide 1.25x exposure to small-cap US equities while utilizing a covered call strategy. The fund aims for high monthly distributions of dividend income and premiums.

RSCL.NE Shariah Compliance

As of October 2026, Global X Enhanced Russell 2000 Covered Call ETF Trust Units is classified as not halal.

NOT HALAL

Global X Enhanced Russell 2000 Covered Call ETF Trust Units (RSCL.NE) Chart

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