Is Global X Social Media ETF halal to invest in?

As of September 2026, Global X Social Media ETF SOCL 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 Social Media 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 Social Media ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X Social Media ETF updated?

The Shariah compliance status of Global X Social Media 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 Social Media 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 Social Media ETF?

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

Global X Social Media ETF SOCL

SOCL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X Social Media ETF is classified as not halal.

NOT HALAL

Is Global X Social Media ETF Halal?

Shariah Compliance Analysis of SOCL ETF

US Equity Theme

No. As of September 2026, Global X Social Media ETF (SOCL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X Social Media ETF does not pass Musaffa's business and financial screening criteria.

SOCL was created on 2011-11-14 by Global X. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 132.53m in AUM and 50 holdings. SOCL tracks a modified market-cap-weighted index of social media companies selected by a committee.

Global X Social Media ETF (SOCL) Chart

Key Statistics of Global X Social Media ETF (SOCL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
95.59%
Information Technology
2.76%
Other
1.15%
Industrials
0.34%
Consumer Discretionary
0.16%

FAQ's for Global X Social Media ETF (SOCL)

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