As of September 2026, Build Bond Innovation ETF is classified as not halal.
NOT HALAL
Is Build Bond Innovation ETF Halal?
Shariah Compliance Analysis of BFIX ETF
US Fixed Income Investment Grade
No. As of September 2026, Build Bond Innovation ETF (BFIX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Build Bond Innovation ETF does not pass Musaffa's business and financial screening criteria.
BFIX was created on 2022-02-09 by Build. The fund's investment portfolio concentrates primarily on investment grade fixed income. BFIX actively manages a broad-based global portfolio of investment grade fixed income securities and US equity call options tied to the upside performance of the S&P 500 Index.
Build Bond Innovation ETF (BFIX) Chart
Key Statistics of Build Bond Innovation ETF (BFIX)
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FAQ's for Build Bond Innovation ETF (BFIX)
As of September 2026, Build Bond Innovation ETF BFIX 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 Build Bond Innovation ETF using these criteria to determine its compliance status.
The Shariah compliance status of Build Bond Innovation 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 Build Bond Innovation ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.