Is Global X 0-3 Month U.S. T-Bill ETF USD halal to invest in?

As of September 2026, Global X 0-3 Month U.S. T-Bill ETF USD UBIL.U.TO 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 0-3 Month U.S. T-Bill ETF USD 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 0-3 Month U.S. T-Bill ETF USD using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X 0-3 Month U.S. T-Bill ETF USD updated?

The Shariah compliance status of Global X 0-3 Month U.S. T-Bill ETF USD 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 0-3 Month U.S. T-Bill ETF USD 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 0-3 Month U.S. T-Bill ETF USD?

You can check the latest Shariah compliance status of Global X 0-3 Month U.S. T-Bill ETF USD on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Global X 0-3 Month U.S. T-Bill ETF USD UBIL.U.TO

UBIL.U.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X 0-3 Month U.S. T-Bill ETF USD is classified as not halal.

NOT HALAL

Is Global X 0-3 Month U.S. T-Bill ETF USD Halal?

Shariah Compliance Analysis of UBIL.U.TO ETF

CA Fixed Income Investment Grade

No. As of September 2026, Global X 0-3 Month U.S. T-Bill ETF USD (UBIL.U.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X 0-3 Month U.S. T-Bill ETF USD does not pass Musaffa's business and financial screening criteria.

UBIL.U.TO was created on 2023-04-12 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. UBIL.U is an actively managed fund of US treasury bills maturing within 90 days. Constituents are selected and weighted using a rules-based methodology.

Global X 0-3 Month U.S. T-Bill ETF USD (UBIL.U.TO) Chart

Key Statistics of Global X 0-3 Month U.S. T-Bill ETF USD (UBIL.U.TO)

Today's Open

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FAQ's for Global X 0-3 Month U.S. T-Bill ETF USD (UBIL.U.TO)

As of September 2026, Global X 0-3 Month U.S. T-Bill ETF USD UBIL.U.TO 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 0-3 Month U.S. T-Bill ETF USD using these criteria to determine its compliance status.
The Shariah compliance status of Global X 0-3 Month U.S. T-Bill ETF USD 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 0-3 Month U.S. T-Bill ETF USD on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.