Is GOLDETF Halal? GOLDETF ETF Review
TradePlus Shariah Gold Tracker
The short answer
GOLDETF is marketed as a Shariah-compliant ETF by AHAM Asset Management. It uses shariah-compliant physical-gold structure with appointed shariah adviser and provides physical gold priced against the lbma gold price am. It may also appear as 0828EA on other exchange lines. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
GOLDETF key facts
- Full name
- TradePlus Shariah Gold Tracker
- Issuer
- AHAM Asset Management
- Exchange
- Bursa Malaysia
- Domicile
- Malaysia
- Exposure
- Physical gold priced against the LBMA Gold Price AM
- Index / approach
- LBMA Gold Price AM
- Expense ratio
- 0.50% management fee, plus trustee, custody, and licence fees
- Income treatment
- No regular income objective
What GOLDETF owns
The TradePlus Shariah Gold Tracker is a commodity ETF rather than an equity fund. It aims to reflect physical gold prices and can act as a diversifier, but it does not generate business earnings or regular dividends.
Where it can fit
A small gold diversifier or defensive allocation within a wider halal portfolio.
A fund's role is more important than its ticker: compare geographic coverage, asset class, concentration, income treatment, tax domicile, and trading access before combining ETFs.
Shariah screening
Shariah-compliant physical-gold structure with appointed Shariah adviser. The fund issuer is responsible for its stated methodology and governance. Compliance can change as holdings, company finances, index rules, and scholarly judgments change.
Why investors consider GOLDETF
- Exchange-traded access to physical-gold exposure
- Shariah structure addresses rules specific to gold trading
- Can diversify equity and sukuk risks
Risks and trade-offs
- Gold can be volatile and produces no operating cash flow
- Fund returns can differ from spot gold after fees and tracking
- Ringgit and US-dollar movements affect Malaysian investor outcomes
Verify the primary source
Fund details can change after our July 11, 2026 review. Confirm the latest prospectus, fee, holdings, distribution policy, Shariah certificate, and exchange line with the issuer.
TradePlus — Shariah Gold Tracker fund pageGOLDETF frequently asked questions
Is GOLDETF halal?
GOLDETF is marketed as a Shariah-compliant ETF by AHAM Asset Management. It uses shariah-compliant physical-gold structure with appointed shariah adviser and provides physical gold priced against the lbma gold price am. It may also appear as 0828EA on other exchange lines. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
What does GOLDETF invest in?
GOLDETF provides physical gold priced against the lbma gold price am. Its benchmark or approach is LBMA Gold Price AM.
What is the GOLDETF expense ratio?
The issuer materials reviewed on July 11, 2026 list 0.50% management fee, plus trustee, custody, and licence fees. Verify the current figure before investing because fees can change.
What role can GOLDETF play in a halal portfolio?
A small gold diversifier or defensive allocation within a wider halal portfolio.