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Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF XNZN.DB
XNZN.DB Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF is classified as not halal.
NOT HALAL
Is Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF Halal?
Shariah Compliance Analysis of XNZN.DB ETF
No. As of September 2026, Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF (XNZN.DB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF does not pass Musaffa's business and financial screening criteria.
XNZN.DB was created on 2023-04-12 by Xtrackers. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Fund is to track the performance before fees and expenses of an index which is designed to reflect the performance of companies of the Nordic countries that are selected and weighted with the aim of seeking alignment with EU Paris-aligned Benchmark (EU PAB) standards and certain net zero frameworks.
Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF (XNZN.DB) Chart
Key Statistics of Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF (XNZN.DB)
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-FAQ's for Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF (XNZN.DB)
- As of September 2026, Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF XNZN.DB 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 Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS 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 Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
