Is ICICI Prudential BSE Liquid Rate ETF - IDCW halal to invest in?

As of September 2026, ICICI Prudential BSE Liquid Rate ETF - IDCW 541946.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 ICICI Prudential BSE Liquid Rate ETF - IDCW 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 ICICI Prudential BSE Liquid Rate ETF - IDCW using these criteria to determine its compliance status.

How often is the Shariah compliance for ICICI Prudential BSE Liquid Rate ETF - IDCW updated?

The Shariah compliance status of ICICI Prudential BSE Liquid Rate ETF - IDCW may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like ICICI Prudential BSE Liquid Rate ETF - IDCW 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 ICICI Prudential BSE Liquid Rate ETF - IDCW?

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

ICICI Prudential BSE Liquid Rate ETF - IDCW 541946.BO

541946.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ICICI Prudential BSE Liquid Rate ETF - IDCW is classified as not halal.

NOT HALAL

Is ICICI Prudential BSE Liquid Rate ETF - IDCW Halal?

Shariah Compliance Analysis of 541946.BO ETF

IN Fixed Income Investment Grade

No. As of September 2026, ICICI Prudential BSE Liquid Rate ETF - IDCW (541946.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ICICI Prudential BSE Liquid Rate ETF - IDCW does not pass Musaffa's business and financial screening criteria.

541946.BO was created on 2018-09-25 by ICICI. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of BSE Liquid Rate Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved

ICICI Prudential BSE Liquid Rate ETF - IDCW (541946.BO) Chart

Key Statistics of ICICI Prudential BSE Liquid Rate ETF - IDCW (541946.BO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for ICICI Prudential BSE Liquid Rate ETF - IDCW (541946.BO)

As of September 2026, ICICI Prudential BSE Liquid Rate ETF - IDCW 541946.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 ICICI Prudential BSE Liquid Rate ETF - IDCW using these criteria to determine its compliance status.
The Shariah compliance status of ICICI Prudential BSE Liquid Rate ETF - IDCW 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 ICICI Prudential BSE Liquid Rate ETF - IDCW on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.