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Nippon India ETF S&P BSE Sensex 538683.BO

Is Nippon India ETF S&P BSE Sensex Halal?

Shariah Compliance Analysis of 538683.BO ETF

No. As of October 2026, Nippon India ETF S&P BSE Sensex (538683.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

538683.BO was created on 2014-09-24 by Nippon. The fund's investment portfolio concentrates primarily on large cap equity. The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the S&P BSE Sensex Index before expenses, subject to tracking errors

538683.BO Shariah Compliance

As of October 2026, Nippon India ETF S&P BSE Sensex is classified as not halal.

NOT HALAL

Nippon India ETF S&P BSE Sensex (538683.BO) Chart

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