Is HDFC Nifty Midcap 150 ETF halal to invest in?

As of September 2026, HDFC Nifty Midcap 150 ETF 543776.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 HDFC Nifty Midcap 150 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 HDFC Nifty Midcap 150 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for HDFC Nifty Midcap 150 ETF updated?

The Shariah compliance status of HDFC Nifty Midcap 150 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 HDFC Nifty Midcap 150 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 HDFC Nifty Midcap 150 ETF?

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

HDFC Nifty Midcap 150 ETF 543776.BO

543776.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, HDFC Nifty Midcap 150 ETF is classified as not halal.

NOT HALAL

Is HDFC Nifty Midcap 150 ETF Halal?

Shariah Compliance Analysis of 543776.BO ETF

IN Equity Total Market

No. As of September 2026, HDFC Nifty Midcap 150 ETF (543776.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. HDFC Nifty Midcap 150 ETF does not pass Musaffa's business and financial screening criteria.

543776.BO was created on 2023-02-15 by HDFC. The fund's investment portfolio concentrates primarily on total market equity. To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Midcap 150 Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be realized.

HDFC Nifty Midcap 150 ETF (543776.BO) Chart

Key Statistics of HDFC Nifty Midcap 150 ETF (543776.BO)

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FAQ's for HDFC Nifty Midcap 150 ETF (543776.BO)

As of September 2026, HDFC Nifty Midcap 150 ETF 543776.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 HDFC Nifty Midcap 150 ETF using these criteria to determine its compliance status.
The Shariah compliance status of HDFC Nifty Midcap 150 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 HDFC Nifty Midcap 150 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.