Is Mirae Asset Nifty 100 ESG Sector Leaders ETF halal to invest in?

As of September 2026, Mirae Asset Nifty 100 ESG Sector Leaders ETF 543246.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 100 ESG Sector Leaders 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 100 ESG Sector Leaders ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Mirae Asset Nifty 100 ESG Sector Leaders ETF updated?

The Shariah compliance status of Mirae Asset Nifty 100 ESG Sector Leaders 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 100 ESG Sector Leaders 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 100 ESG Sector Leaders ETF?

You can check the latest Shariah compliance status of Mirae Asset Nifty 100 ESG Sector Leaders ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Mirae Asset Nifty 100 ESG Sector Leaders ETF 543246.BO

543246.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Mirae Asset Nifty 100 ESG Sector Leaders ETF is classified as not halal.

NOT HALAL

Is Mirae Asset Nifty 100 ESG Sector Leaders ETF Halal?

Shariah Compliance Analysis of 543246.BO ETF

IN Equity Total Market

No. As of September 2026, Mirae Asset Nifty 100 ESG Sector Leaders ETF (543246.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mirae Asset Nifty 100 ESG Sector Leaders ETF does not pass Musaffa's business and financial screening criteria.

543246.BO was created on 2020-11-17 by Mirae Asset. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty100 ESG Sector Leaders Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns

Mirae Asset Nifty 100 ESG Sector Leaders ETF (543246.BO) Chart

Key Statistics of Mirae Asset Nifty 100 ESG Sector Leaders ETF (543246.BO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Mirae Asset Nifty 100 ESG Sector Leaders ETF (543246.BO)

As of September 2026, Mirae Asset Nifty 100 ESG Sector Leaders ETF 543246.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 100 ESG Sector Leaders ETF using these criteria to determine its compliance status.
The Shariah compliance status of Mirae Asset Nifty 100 ESG Sector Leaders 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 100 ESG Sector Leaders ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.