Is BHARAT 22 ETF halal to invest in?

As of September 2026, BHARAT 22 ETF 540787.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 BHARAT 22 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 BHARAT 22 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for BHARAT 22 ETF updated?

The Shariah compliance status of BHARAT 22 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 BHARAT 22 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 BHARAT 22 ETF?

You can check the latest Shariah compliance status of BHARAT 22 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

BHARAT 22 ETF 540787.BO

540787.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, BHARAT 22 ETF is classified as not halal.

NOT HALAL

Is BHARAT 22 ETF Halal?

Shariah Compliance Analysis of 540787.BO ETF

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No. As of September 2026, BHARAT 22 ETF (540787.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. BHARAT 22 ETF does not pass Musaffa's business and financial screening criteria.

540787.BO was created on 2017-11-27 by ICICI. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Scheme is to invest in constituents of the underlying Index in the same proportion as in the underlying Index, and endeavor to provide returns before expenses, which closely correspond to the total returns of the underlying Index.

BHARAT 22 ETF (540787.BO) Chart

Key Statistics of BHARAT 22 ETF (540787.BO)

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FAQ's for BHARAT 22 ETF (540787.BO)

As of September 2026, BHARAT 22 ETF 540787.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 BHARAT 22 ETF using these criteria to determine its compliance status.
The Shariah compliance status of BHARAT 22 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 BHARAT 22 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.