Is Global X Metaverse ETF halal to invest in?

As of September 2026, Global X Metaverse ETF VR 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 Metaverse 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 Metaverse ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of Global X Metaverse 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 Metaverse 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 Metaverse ETF?

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

Global X Metaverse ETF VR

VR Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Global X Metaverse ETF Halal?

Shariah Compliance Analysis of VR ETF

US Equity Theme

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

VR was created on 2022-04-26 by Global X. The fund's investment portfolio concentrates primarily on theme equity. VR tracks a market cap-weighted index of 40 global companies that derive revenue from or have primary business operations associated with the Metaverse.

Global X Metaverse ETF (VR) Chart

Key Statistics of Global X Metaverse ETF (VR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
69.27%
Information Technology
21.00%
Financials
5.92%
Consumer Discretionary
2.89%
Other
0.92%

FAQ's for Global X Metaverse ETF (VR)

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