Is Aditya Birla Sun Life Nifty Bank ETF halal to invest in?

As of September 2026, Aditya Birla Sun Life Nifty Bank ETF 542863.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 Aditya Birla Sun Life Nifty Bank 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 Aditya Birla Sun Life Nifty Bank ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Aditya Birla Sun Life Nifty Bank ETF updated?

The Shariah compliance status of Aditya Birla Sun Life Nifty Bank 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 Aditya Birla Sun Life Nifty Bank 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 Aditya Birla Sun Life Nifty Bank ETF?

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

Aditya Birla Sun Life Nifty Bank ETF 542863.BO

542863.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Aditya Birla Sun Life Nifty Bank ETF is classified as not halal.

NOT HALAL

Is Aditya Birla Sun Life Nifty Bank ETF Halal?

Shariah Compliance Analysis of 542863.BO ETF

IN Equity Financials

No. As of September 2026, Aditya Birla Sun Life Nifty Bank ETF (542863.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Aditya Birla Sun Life Nifty Bank ETF does not pass Musaffa's business and financial screening criteria.

542863.BO was created on 2019-10-23 by Aditya Birla Capital. The fund's investment portfolio concentrates primarily on financials equity. The investment objective of the Scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty Bank Index. However, the performance of Scheme may differ from that of the underlying index due to tracking error

Aditya Birla Sun Life Nifty Bank ETF (542863.BO) Chart

Key Statistics of Aditya Birla Sun Life Nifty Bank ETF (542863.BO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Aditya Birla Sun Life Nifty Bank ETF (542863.BO)

As of September 2026, Aditya Birla Sun Life Nifty Bank ETF 542863.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 Aditya Birla Sun Life Nifty Bank ETF using these criteria to determine its compliance status.
The Shariah compliance status of Aditya Birla Sun Life Nifty Bank 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 Aditya Birla Sun Life Nifty Bank ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.