What is GraniteShares Gold Trust's Shariah compliance score?

GraniteShares Gold Trust (BAR) has a Shariah compliance score of 100/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does GraniteShares Gold Trust pass AAOIFI screening?

GraniteShares Gold Trust (BAR) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (BAR: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for GraniteShares Gold Trust stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for GraniteShares Gold Trust (BAR) using the latest financial data.

Where can I screen GraniteShares Gold Trust for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for GraniteShares Gold Trust (BAR) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BAR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BAR: Is GraniteShares Gold Trust Halal?

GraniteShares Gold Trust

AMEXFinancial ServicesUS

$45.96

+0.31%

Market Cap: 1.5B

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

A+

Excellent

100Score

Is GraniteShares Gold Trust (BAR) halal? Halal. Based on AAOIFI screening, GraniteShares Gold Trust passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 100/100 (Grade: A+).

Basket rule

Well clear of the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

0.0% of 5.0% limit

100% of the basket's holdings were screened individually.

About GraniteShares Gold Trust

BAR invests directly in physical gold stored in a London vault and custodied by ICBC Standard Bank. The structure of a grantor trust protects investors since trustees cannot lend the gold bars. Since BAR holds physical gold bars, investors can expect the fund to track the price of spot gold closely. Moreover, the fund provides exposure that is essentially identical to established competitors like GLD and IAU. Like all physical gold funds, any long-term gains will result in noteworthy tax liabilities, since BAR is considered a collectible.Investors should consider aspects such as fund issuer, trust custodian, vault location, and all-in trading costs when comparing similar funds.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Basket Composition

100% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

100%

Halal100%

Doubtful0%

Not Halal0%

Unknown0%

Fiscal: N/AData source: FMP-LOOKTHROUGH

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Calculate your purification amount for BAR dividends based on AAOIFI standards.

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Frequently Asked Questions

Is GraniteShares Gold Trust (BAR) halal to invest in?

Based on AAOIFI Standard 21 screening, GraniteShares Gold Trust (BAR) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did GraniteShares Gold Trust get a A+ compliance rating?

GraniteShares Gold Trust's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change GraniteShares Gold Trust's Shariah verdict?

GraniteShares Gold Trust's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is GraniteShares Gold Trust re-screened for Shariah compliance?

GraniteShares Gold Trust (BAR) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.