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Global X S&P 500 Covered Call ETF XYLD

Is Global X S&P 500 Covered Call ETF Halal?

Shariah Compliance Analysis of XYLD ETF

No. As of October 2026, Global X S&P 500 Covered Call ETF (XYLD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XYLD was created on 2013-06-24 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 3156.66m in AUM and 506 holdings. XYLD tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock.

XYLD Shariah Compliance

As of October 2026, Global X S&P 500 Covered Call ETF is classified as not halal.

NOT HALAL

Global X S&P 500 Covered Call ETF (XYLD) Chart

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