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ICICI Prudential Nifty Private Bank ETF 542758.BO

Is ICICI Prudential Nifty Private Bank ETF Halal?

Shariah Compliance Analysis of 542758.BO ETF

No. As of October 2026, ICICI Prudential Nifty Private Bank ETF (542758.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

542758.BO was created on 2019-08-09 by ICICI. The fund's investment portfolio concentrates primarily on financials equity. The investment objective of the scheme is to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

542758.BO Shariah Compliance

As of October 2026, ICICI Prudential Nifty Private Bank ETF is classified as not halal.

NOT HALAL

ICICI Prudential Nifty Private Bank ETF (542758.BO) Chart

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