Is Global X Internet of Things ETF halal to invest in?

As of September 2026, Global X Internet of Things ETF SNSR is classified as 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 Internet of Things ETF 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 Internet of Things ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X Internet of Things ETF updated?

The Shariah compliance status of Global X Internet of Things ETF 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 Internet of Things ETF 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 Internet of Things ETF?

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

Global X Internet of Things ETF SNSR

SNSR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X Internet of Things ETF is classified as halal.

HALAL

Is Global X Internet of Things ETF Halal?

Shariah Compliance Analysis of SNSR ETF

US Equity Theme

Yes. As of September 2026, Global X Internet of Things ETF (SNSR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Internet of Things ETF passes Musaffa's business and financial screening criteria.

SNSR was created on 2016-09-12 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 199.92m in AUM and 60 holdings. SNSR tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry.

Global X Internet of Things ETF (SNSR) Chart

Key Statistics of Global X Internet of Things ETF (SNSR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
67.66%
Industrials
17.12%
Consumer Discretionary
10.21%
Health Care
3.51%
Communication Services
0.87%
Other
0.63%

FAQ's for Global X Internet of Things ETF (SNSR)

As of September 2026, Global X Internet of Things ETF SNSR is classified as 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 Internet of Things ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X Internet of Things 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 Internet of Things ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.