As of September 2026, Bluemonte Core Bond ETF is classified as not halal.
NOT HALAL
Is Bluemonte Core Bond ETF Halal?
Shariah Compliance Analysis of BDBT ETF
US Fixed Income Investment Grade
No. As of September 2026, Bluemonte Core Bond ETF (BDBT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Bluemonte Core Bond ETF does not pass Musaffa's business and financial screening criteria.
BDBT was created on 2025-06-23 by Bluemonte. The fund's investment portfolio concentrates primarily on investment grade fixed income. BDBT is actively managed, investing primarily in a diversified mix of US investment grade bonds and bond ETFs across varying maturities. The fund aims to provide total return and income.
Bluemonte Core Bond ETF (BDBT) Chart
Key Statistics of Bluemonte Core Bond ETF (BDBT)
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FAQ's for Bluemonte Core Bond ETF (BDBT)
As of September 2026, Bluemonte Core Bond ETF BDBT 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 Bluemonte Core Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of Bluemonte Core Bond 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 Bluemonte Core Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.