CTEC
Global X CleanTech ETF
Is CTEC Halal?
Clean technology — renewable energy and environmental tech.
What You Should Know
CTEC, renamed ClimateTech in April 2026, holds renewable-energy, storage and efficiency companies. Global X reported industrials at 63.4% and information technology at 29.4% on 30 June 2026; the fund is not Sharia-screened.
⚠️ Concerns
- •Not Sharia-screened
- •Some utility company exposure
- •Fund name and benchmark changed in April 2026
Current quantitative Sharia screen
Based on Issuer product page and holdings report figures for the period ended 2026-07-13; calculated 2026-07-14.
0 / 25.32
0 / 25.32
0 / 25.32
- Financial
- Incomplete
- Overall
- Incomplete
Reported fund-level proxy ratios are below the examined asset limits, but a comparable prohibited-income numerator is unavailable.
- Financial
- Pass
- Overall
- Incomplete
The available fund-level proxy ratios are below the examined MSCI asset limits; the underlying portfolio has no universal prohibited-income classification.
- Financial
- Pass
- Overall
- Incomplete
The available fund-level proxy ratios are below the examined Malaysia limits; look-through activity remains incomplete.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical market-cap series and fund-level prohibited-income convention are not stored.
Business-activity disclosure
CTEC is a climate-technology pass-through ETF focused on renewable energy, storage, smart grids, efficiency and pollution-reduction products. The core theme is generally permissible, but the fund is not Sharia-screened.
Limitation: The issuer discloses theme, holdings and sector exposure but no universal prohibited-revenue allocation across every underlying issuer.
Purification
CTEC passes through distributions from underlying issuers; no scholar-approved purification percentage is disclosed.
Inputs, assumptions and primary sources
- Global X reported USD 25.32 million in net assets as of 13 July 2026.
- The current page reported industrials at 63.4%, information technology at 29.4%, materials at 3.7% and consumer discretionary at 3.5%; top holdings included Bloom Energy, First Solar, Vestas, Samsung SDI and Contemporary Amperex Technology.
- CTEC was renamed from CleanTech to ClimateTech in April 2026; its environmental theme is not a Sharia certification. Fund-level debt, cash and receivable lines and prohibited-income allocation are not disclosed.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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