GDX: Is VanEck Gold Miners ETF Halal?
VanEck Gold Miners ETF
$87.78
Market Cap: 26.9B
Compliance Status
Halal
Screened on Oct 4, 2026 · AAOIFI Standard 21 look-through
Good
Is VanEck Gold Miners ETF (GDX) halal? Halal. Looking through its holdings under AAOIFI Standard 21, VanEck Gold Miners ETF keeps non-compliant holdings under 5% of its basket by weight with a compliance score of 76/100 (Grade: B+).
Quote this verdict
HalalScreener rates VanEck Gold Miners ETF (GDX) Halal, 76/100, grade B+ under AAOIFI Standard 21 look-through, screened Oct 4, 2026. Source: https://halalscreener.app/en/stock/GDX
Basket rule
Well clear of the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
76% of the basket's holdings were screened individually.
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About VanEck Gold Miners ETF
The VanEck Gold Miners ETF (GDX) aims to closely track the total return of the MarketVector Global Gold Miners Index (MVGDXTR), mirroring both its price changes and any income generated. This objective is pursued prior to the deduction of any fees or operational expenses. The MVGDXTR index itself serves as a benchmark for the collective performance of companies engaged in the worldwide gold mining industry.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
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Basket Composition
76% of basket screenedETFs 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.
Top Holdings
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.