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). A fund is screened by looking through its holdings: each holding is screened under AAOIFI Standard No. 21 and weighed, and the fund is halal when non-compliant holdings stay under 5% of the basket by weight.

Does VanEck Merk Gold ETF pass AAOIFI look-through screening?

VanEck Merk Gold ETF (OUNZ) passes AAOIFI look-through screening. A fund is screened by looking through its holdings: each holding is screened under AAOIFI Standard No. 21 and weighed, and the fund is halal when non-compliant holdings stay under 5% of the basket by weight.

How much purification is needed for VanEck Merk Gold ETF?

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 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 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening.

OUNZHalalA+

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Compliance Status

Halal

Screened on Oct 9, 2026 · AAOIFI Standard 21 look-through

A+

Excellent

100Score

Is VanEck Merk Gold ETF (OUNZ) halal? Halal. Looking through its holdings under AAOIFI Standard 21, VanEck Merk Gold ETF 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 VanEck Merk Gold ETF (OUNZ) Halal, 100/100, grade A+ under AAOIFI Standard 21 look-through, screened Oct 9, 2026. Source: https://halalscreener.app/en/stock/OUNZ

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.

OUNZ: Is VanEck Merk Gold ETF Halal?

VanEck Merk Gold ETF

AMEXFinancial ServicesUS

$40.30

Market Cap: 2.6B

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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 21 look-throughUpdated Oct 9, 2026

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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%

PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

Compliance History

Halal, unchanged since Sep 2026.

No status changes recorded since we began tracking.

Tracked since Sep 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

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Frequently Asked Questions

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

VanEck Merk Gold ETF (OUNZ) is rated Halal by holdings look-through. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.

Why did VanEck Merk Gold ETF get a A+ compliance rating?

VanEck Merk Gold ETF's grade of A+ (Excellent) reflects the weighted result of its holdings, not one company's ratios: debt and deposit ratios do not describe a fund.

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 is re-screened as its published holdings change. Last screened: Oct 9, 2026.

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.