As of September 2026, HDFC Nifty 50 ETF is classified as not halal.
NOT HALAL
Is HDFC Nifty 50 ETF Halal?
Shariah Compliance Analysis of 539516.BO ETF
IN Equity Large Cap
No. As of September 2026, HDFC Nifty 50 ETF (539516.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. HDFC Nifty 50 ETF does not pass Musaffa's business and financial screening criteria.
539516.BO was created on 2015-12-09 by HDFC. The fund's investment portfolio concentrates primarily on large cap equity. The investment objective of the Fund is to provide investment returns that, before expenses, closely correspond to the total returns of the Securities as represented by the NIFTY 50 Index subject to tracking errors
HDFC Nifty 50 ETF (539516.BO) Chart
Key Statistics of HDFC Nifty 50 ETF (539516.BO)
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FAQ's for HDFC Nifty 50 ETF (539516.BO)
As of September 2026, HDFC Nifty 50 ETF 539516.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 HDFC Nifty 50 ETF using these criteria to determine its compliance status.
The Shariah compliance status of HDFC Nifty 50 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 HDFC Nifty 50 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.