Global X Robotics & Artificial (BOTZ) - Questionable
Global X Robotics & Artificial (BOTZ) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- ETF
- Industry
- Exchange-Traded Fund
- Result
- Doubtful
- Reason
- BOTZ is an ETF. Individual stock screening does not apply to ETFs — review the fund's underlying holdings for Shariah compliance.
Financial Ratios
About Global X Robotics & Artificial
The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to exchange-listed companies in developed markets that are involved in the development of robotics and/or artificial intelligence as defined by Indxx, the provider of the underlying index. The fund is non-diversified.
Frequently Asked Questions
Is Global X Robotics & Artificial (BOTZ) stock halal to invest in?
According to AAOIFI Shariah screening standards, Global X Robotics & Artificial (BOTZ) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does Global X Robotics & Artificial have any interest income?
Interest income data for Global X Robotics & Artificial is factored into the financial ratio screening under AAOIFI standards.
What guidelines are used to determine if BOTZ stock is Shariah-compliant?
BOTZ is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Global X Robotics & Artificial stock reviewed for Shariah compliance?
Global X Robotics & Artificial 's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.

