Is Global X S&P 500 Tail Risk ETF halal to invest in?

As of September 2026, Global X S&P 500 Tail Risk ETF XTR 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 S&P 500 Tail Risk 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 S&P 500 Tail Risk ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Global X S&P 500 Tail Risk ETF updated?

The Shariah compliance status of Global X S&P 500 Tail Risk 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 S&P 500 Tail Risk 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 S&P 500 Tail Risk ETF?

You can check the latest Shariah compliance status of Global X S&P 500 Tail Risk ETF 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 Tail Risk ETF XTR

XTR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Global X S&P 500 Tail Risk ETF is classified as not halal.

NOT HALAL

Is Global X S&P 500 Tail Risk ETF Halal?

Shariah Compliance Analysis of XTR ETF

US Equity Large Cap

No. As of September 2026, Global X S&P 500 Tail Risk ETF (XTR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global X S&P 500 Tail Risk ETF does not pass Musaffa's business and financial screening criteria.

XTR was created on 2021-08-25 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 2.5m in AUM and 504 holdings. XTR tracks an index of the S&P 500 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options.

Global X S&P 500 Tail Risk ETF (XTR) Chart

Key Statistics of Global X S&P 500 Tail Risk ETF (XTR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
30.92%
Health Care
11.57%
Financials
11.18%
Consumer Discretionary
10.08%
Industrials
8.42%
Communication Services
7.24%
Consumer Staples
5.84%
Other
4.26%
Energy
3.41%
Utilities
2.54%
Real Estate
2.31%
Materials
2.23%

FAQ's for Global X S&P 500 Tail Risk ETF (XTR)

As of September 2026, Global X S&P 500 Tail Risk ETF XTR 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 S&P 500 Tail Risk ETF using these criteria to determine its compliance status.
The Shariah compliance status of Global X S&P 500 Tail Risk 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 S&P 500 Tail Risk ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.