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HDFC Nifty Banking ETF 543224.BO

Is HDFC Nifty Banking ETF Halal?

Shariah Compliance Analysis of 543224.BO ETF

No. As of October 2026, HDFC Nifty Banking ETF (543224.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

543224.BO was created on 2020-08-21 by HDFC. The fund's investment portfolio concentrates primarily on financials equity. To provide investment returns that, before expenses, closely correspond to the total returns of the Securities as represented by the NIFTY Bank Index subject to tracking errors.

543224.BO Shariah Compliance

As of October 2026, HDFC Nifty Banking ETF is classified as not halal.

NOT HALAL

HDFC Nifty Banking ETF (543224.BO) Chart

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