Is SBI NIFTY 1D Rate ETF Exchange Traded Fund Units halal to invest in?

As of October 2026, SBI NIFTY 1D Rate ETF Exchange Traded Fund Units 544010.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 SBI NIFTY 1D Rate 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 SBI NIFTY 1D Rate ETF Exchange Traded Fund Units using these criteria to determine its compliance status.

How often is the Shariah compliance for SBI NIFTY 1D Rate ETF Exchange Traded Fund Units updated?

The Shariah compliance status of SBI NIFTY 1D Rate ETF Exchange Traded Fund Units may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like SBI NIFTY 1D Rate 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.

Where can I check the Shariah status of SBI NIFTY 1D Rate ETF Exchange Traded Fund Units?

You can check the latest Shariah compliance status of SBI NIFTY 1D Rate 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.

SBI NIFTY 1D Rate ETF Exchange Traded Fund Units 544010.BO

Is SBI NIFTY 1D Rate ETF Exchange Traded Fund Units Halal?

Shariah Compliance Analysis of 544010.BO ETF

No. As of October 2026, SBI NIFTY 1D Rate ETF Exchange Traded Fund Units (544010.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

544010.BO was created on 2023-11-02 by SBI. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the scheme is to generate returns, before expenses, that correspond to the returns of the NIFTY 1D Rate Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme would be achieved.

544010.BO Shariah Compliance

As of October 2026, SBI NIFTY 1D Rate ETF Exchange Traded Fund Units is classified as not halal.

NOT HALAL

SBI NIFTY 1D Rate ETF Exchange Traded Fund Units (544010.BO) Chart

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