Is Mirae Asset Nifty 50 ETF halal to invest in?

As of September 2026, Mirae Asset Nifty 50 ETF 542131.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 Mirae Asset Nifty 50 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 Mirae Asset Nifty 50 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Mirae Asset Nifty 50 ETF updated?

The Shariah compliance status of Mirae Asset Nifty 50 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 Mirae Asset Nifty 50 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 Mirae Asset Nifty 50 ETF?

You can check the latest Shariah compliance status of Mirae Asset Nifty 50 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Mirae Asset Nifty 50 ETF 542131.BO

542131.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Mirae Asset Nifty 50 ETF is classified as not halal.

NOT HALAL

Is Mirae Asset Nifty 50 ETF Halal?

Shariah Compliance Analysis of 542131.BO ETF

IN Equity Large Cap

No. As of September 2026, Mirae Asset Nifty 50 ETF (542131.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mirae Asset Nifty 50 ETF does not pass Musaffa's business and financial screening criteria.

542131.BO was created on 2018-11-20 by Mirae Asset. The fund's investment portfolio concentrates primarily on large cap equity. The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 50 Index, subject to tracking error. The Scheme does not guarantee or assure any returns.

Mirae Asset Nifty 50 ETF (542131.BO) Chart

Key Statistics of Mirae Asset Nifty 50 ETF (542131.BO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Mirae Asset Nifty 50 ETF (542131.BO)

As of September 2026, Mirae Asset Nifty 50 ETF 542131.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 Mirae Asset Nifty 50 ETF using these criteria to determine its compliance status.
The Shariah compliance status of Mirae Asset 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 Mirae Asset Nifty 50 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.