As of September 2026, Global X Russell 2000 ETF is classified as not halal.
NOT HALAL
Is Global X Russell 2000 ETF Halal?
Shariah Compliance Analysis of RSSL ETF
US Equity Small Cap
No. As of September 2026, Global X Russell 2000 ETF (RSSL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Russell 2000 ETF does not pass Musaffa's business and financial screening criteria.
RSSL was created on 2024-06-05 by Global X. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 1378.19m in AUM and 1959 holdings. RSSL tracks an index comprised of small-cap U.S. equities with quarterly capping, ensuring compliance with RIC concentration requirements. Thus, diversifying in size within the small-cap space.
Global X Russell 2000 ETF (RSSL) Chart
Key Statistics of Global X Russell 2000 ETF (RSSL)
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FAQ's for Global X Russell 2000 ETF (RSSL)
As of September 2026, Global X Russell 2000 ETF RSSL 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 Russell 2000 ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X Russell 2000 ETF 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 Russell 2000 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.