What is VanEck Merk Gold ETF's Shariah compliance score?

VanEck Merk Gold ETF (OUNZ) 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 VanEck Merk Gold ETF pass AAOIFI screening?

VanEck Merk Gold ETF (OUNZ) 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% (OUNZ: 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 VanEck Merk Gold ETF 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 VanEck Merk Gold ETF (OUNZ) using the latest financial data.

Where can I screen VanEck Merk Gold ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for VanEck Merk Gold ETF (OUNZ) 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 OUNZ's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

OUNZ: Is VanEck Merk Gold ETF Halal?

VanEck Merk Gold ETF

AMEXFinancial ServicesUS

$44.84

+0.29%

Market Cap: 2.9B

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

A+

Excellent

100Score

Is VanEck Merk Gold ETF (OUNZ) halal? Halal. Based on AAOIFI screening, VanEck Merk Gold ETF 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 VanEck Merk Gold ETF

The VanEck Merk Gold ETF offers investors a straightforward and economical method for gaining exposure to gold. This exchange-traded product also provides the unique feature of allowing shareholders the option to redeem their investment for physical gold.

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

Purify Your OUNZ Dividends

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

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Frequently Asked Questions

Is VanEck Merk Gold ETF (OUNZ) halal to invest in?

Based on AAOIFI Standard 21 screening, VanEck Merk Gold ETF (OUNZ) 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 VanEck Merk Gold ETF get a A+ compliance rating?

VanEck Merk Gold ETF'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 VanEck Merk Gold ETF's Shariah verdict?

VanEck Merk Gold ETF'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 VanEck Merk Gold ETF re-screened for Shariah compliance?

VanEck Merk Gold ETF (OUNZ) 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.