GLDM: Is SPDR Gold MiniShares Trust Halal?
SPDR Gold MiniShares Trust
$84.89
Market Cap: 29.3B
Compliance Status
Halal
Screened on Sep 25, 2026 · AAOIFI Standard 21 look-through
Excellent
Is SPDR Gold MiniShares Trust (GLDM) halal? Halal. Looking through its holdings under AAOIFI Standard 21, SPDR Gold MiniShares Trust keeps non-compliant holdings under 5% of its basket by weight with a compliance score of 100/100 (Grade: A+).
Quote this verdict
HalalScreener rates SPDR Gold MiniShares Trust (GLDM) Halal, 100/100, grade A+ under AAOIFI Standard 21 look-through, screened Sep 25, 2026. Source: https://halalscreener.app/en/stock/GLDM
Basket rule
Well clear of the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
100% of the basket's holdings were screened individually.
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About SPDR Gold MiniShares Trust
The SPDR Gold MiniShares Trust (GLDM) aims for its shares (MiniShares) to mirror the price fluctuations of gold bullion, after accounting for the trust's operational expenses. This investment vehicle provides individuals with an accessible and economical way to gain exposure to gold. Many investors will likely find that the combined costs of trading GLDM shares in the secondary market and the trust's recurring fees are lower than the expenditures associated with directly purchasing, selling, storing, and insuring physical gold in a conventional allocated bullion account.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
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Basket Composition
100% 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.
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.