Is CPSE ETF halal to invest in?

As of September 2026, CPSE ETF 538057.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is CPSE ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes CPSE ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CPSE ETF updated?

The Shariah compliance status of CPSE ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like CPSE ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of CPSE ETF?

You can check the latest Shariah compliance status of CPSE ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

CPSE ETF 538057.BO

538057.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CPSE ETF is classified as not halal.

NOT HALAL

Is CPSE ETF Halal?

Shariah Compliance Analysis of 538057.BO ETF

IN Equity Total Market

No. As of September 2026, CPSE ETF (538057.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CPSE ETF does not pass Musaffa's business and financial screening criteria.

538057.BO was created on 2014-03-28 by Nippon. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Scheme is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty CPSE Index

CPSE ETF (538057.BO) Chart

Key Statistics of CPSE ETF (538057.BO)

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FAQ's for CPSE ETF (538057.BO)

As of September 2026, CPSE ETF 538057.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes CPSE ETF using these criteria to determine its compliance status.
The Shariah compliance status of CPSE ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of CPSE ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.