Is Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD 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 S&P 500 Annual Tail Hedge Ucits ETF AccumUSD using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD updated?

The Shariah compliance status of Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD?

You can check the latest Shariah compliance status of Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD SPAH.L

Is Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD Halal?

Q: Can a halal ETF like Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD 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.

Shariah Compliance Analysis of SPAH.L ETF

No. As of October 2026, Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD (SPAH.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SPAH.L was created on 2023-11-07 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 0.91m in AUM and 29 holdings. The Fund provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE S&P 500 Annual 30% (-5% to -35%) Buffer Protect Index (the Index). The Index seeks to provide similar returns to the S&P 500 Index (the Reference Index).

SPAH.L Shariah Compliance

As of October 2026, Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD is classified as not halal.

NOT HALAL

Global X S&P 500 Annual Tail Hedge Ucits ETF AccumUSD (SPAH.L) Chart

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