Is IGLD (FT Cboe Vest Gold Strategy ETF) halal?

Q: Is IGLD (FT Cboe Vest Gold Strategy ETF) halal?

HALAL: Gold strategy ETF — gold investment is permissible. Gold-strategy ETF providing exposure to gold. Generally permissible as gold is an acceptable asset class in Islamic finance.

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IGLD

FT Cboe Vest Gold Strategy ETF

HALAL

Score: 88/100

etf

Is IGLD Halal?

Gold strategy ETF — gold investment is permissible.

What You Should Know

Gold-strategy ETF providing exposure to gold. Generally permissible as gold is an acceptable asset class in Islamic finance.

⚠️ Concerns

•Derivatives-based exposure rather than physical gold

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