Is Mirae Asset S&P BSE Sensex ETF halal to invest in?

As of September 2026, Mirae Asset S&P BSE Sensex ETF 543999.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 S&P BSE Sensex 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 S&P BSE Sensex ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Mirae Asset S&P BSE Sensex ETF updated?

The Shariah compliance status of Mirae Asset S&P BSE Sensex 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 S&P BSE Sensex 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 S&P BSE Sensex ETF?

You can check the latest Shariah compliance status of Mirae Asset S&P BSE Sensex ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Mirae Asset S&P BSE Sensex ETF 543999.BO

543999.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Mirae Asset S&P BSE Sensex ETF is classified as not halal.

NOT HALAL

Is Mirae Asset S&P BSE Sensex ETF Halal?

Shariah Compliance Analysis of 543999.BO ETF

IN Equity Total Market

No. As of September 2026, Mirae Asset S&P BSE Sensex ETF (543999.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mirae Asset S&P BSE Sensex ETF does not pass Musaffa's business and financial screening criteria.

543999.BO was created on 2023-09-29 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 BSE Sensex Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved

Mirae Asset S&P BSE Sensex ETF (543999.BO) Chart

Key Statistics of Mirae Asset S&P BSE Sensex ETF (543999.BO)

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FAQ's for Mirae Asset S&P BSE Sensex ETF (543999.BO)

As of September 2026, Mirae Asset S&P BSE Sensex ETF 543999.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 S&P BSE Sensex ETF using these criteria to determine its compliance status.
The Shariah compliance status of Mirae Asset S&P BSE Sensex 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 S&P BSE Sensex ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.