Is Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units 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 Midcap 150 ETF Exchange Traded Fund Units using these criteria to determine its compliance status.

How often is the Shariah compliance for Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units updated?

The Shariah compliance status of Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units 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 Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units?

You can check the latest Shariah compliance status of Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units 543481.BO

Is Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units Halal?

Q: Can a halal ETF like Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units 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 543481.BO ETF

No. As of October 2026, Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units (543481.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

543481.BO was created on 2022-03-09 by Mirae Asset. The fund's investment portfolio concentrates primarily on mid cap equity. The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Midcap 150 Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any return

543481.BO Shariah Compliance

As of October 2026, Mirae Asset Nifty Midcap 150 ETF Exchange Traded Fund Units is classified as not halal.

NOT HALAL

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