How often is the Shariah compliance for ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund updated?

The Shariah compliance status of ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund?

You can check the latest Shariah compliance status of ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund 543383.BO

Is ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund Halal?

Q: Is ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund 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 ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund using these criteria to determine its compliance status.

Q: Can a halal ETF like ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund 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.

Shariah Compliance Analysis of 543383.BO ETF

No. As of October 2026, ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund (543383.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

543383.BO was created on 2021-10-18 by ICICI. The fund's investment portfolio concentrates primarily on total market 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.

543383.BO Shariah Compliance

As of October 2026, ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund is classified as not halal.

NOT HALAL

ICICI Prudential Nifty India Consumption ETF Units Exchange Traded Fund (543383.BO) Chart

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