Is LIC MF Nifty 100 ETF halal to invest in?

As of September 2026, LIC MF Nifty 100 ETF 539784.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 LIC MF Nifty 100 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 LIC MF Nifty 100 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for LIC MF Nifty 100 ETF updated?

The Shariah compliance status of LIC MF Nifty 100 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 LIC MF Nifty 100 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 LIC MF Nifty 100 ETF?

You can check the latest Shariah compliance status of LIC MF Nifty 100 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

LIC MF Nifty 100 ETF 539784.BO

539784.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, LIC MF Nifty 100 ETF is classified as not halal.

NOT HALAL

Is LIC MF Nifty 100 ETF Halal?

Shariah Compliance Analysis of 539784.BO ETF

IN Equity Large Cap

No. As of September 2026, LIC MF Nifty 100 ETF (539784.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. LIC MF Nifty 100 ETF does not pass Musaffa's business and financial screening criteria.

539784.BO was created on 2016-03-17 by LIC Mutual Fund. The fund's investment portfolio concentrates primarily on large cap equity. The investment objective of the scheme is to provide returns that closely correspond to the total returns of sec uritie s as represented by NIFTY 100 INDEX, subject to tracking errors.

LIC MF Nifty 100 ETF (539784.BO) Chart

Key Statistics of LIC MF Nifty 100 ETF (539784.BO)

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FAQ's for LIC MF Nifty 100 ETF (539784.BO)

As of September 2026, LIC MF Nifty 100 ETF 539784.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 LIC MF Nifty 100 ETF using these criteria to determine its compliance status.
The Shariah compliance status of LIC MF Nifty 100 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 LIC MF Nifty 100 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.