Musaffa Logo
Nippon India ETF Nifty PSU Bank BeES 590108.BO

Is Nippon India ETF Nifty PSU Bank BeES Halal?

Shariah Compliance Analysis of 590108.BO ETF

No. As of October 2026, Nippon India ETF Nifty PSU Bank BeES (590108.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

590108.BO was created on 2007-10-24 by Nippon. The fund's investment portfolio concentrates primarily on financials equity. The investment objective of Nippon India ETF PSU Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty PSU Bank Index.

590108.BO Shariah Compliance

As of October 2026, Nippon India ETF Nifty PSU Bank BeES is classified as not halal.

NOT HALAL

Nippon India ETF Nifty PSU Bank BeES (590108.BO) Chart

Fetching Price Chart...