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GDX

VanEck Gold Miners ETF

HALAL
Score: 80/100
etf

Is GDX Halal?

Gold mining companies — extraction of halal metal.

What You Should Know

GDX holds gold mining companies. Mining gold is permissible in Islamic law. Some scholars prefer physical gold over mining equities but the core business is permissible.

⚠️ Concerns

  • •Mining companies carry conventional debt
  • •Indirect halal gold exposure

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