Is BNY Mellon Concentrated International ETF halal to invest in?

As of September 2026, BNY Mellon Concentrated International ETF BKCI 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 BNY Mellon Concentrated International 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 BNY Mellon Concentrated International ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for BNY Mellon Concentrated International ETF updated?

The Shariah compliance status of BNY Mellon Concentrated International 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 BNY Mellon Concentrated International 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 BNY Mellon Concentrated International ETF?

You can check the latest Shariah compliance status of BNY Mellon Concentrated International ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

BNY Mellon Concentrated International ETF BKCI

BKCI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, BNY Mellon Concentrated International ETF is classified as not halal.

NOT HALAL

Is BNY Mellon Concentrated International ETF Halal?

Shariah Compliance Analysis of BKCI ETF

US Equity Total Market

No. As of September 2026, BNY Mellon Concentrated International ETF (BKCI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. BNY Mellon Concentrated International ETF does not pass Musaffa's business and financial screening criteria.

BKCI was created on 2021-12-06 by BNY Mellon. The fund's investment portfolio concentrates primarily on total market equity. BKCI is an actively managed fund relying heavily on fundamental research to select a narrow basket of stocks, of any market capitalization, from developed markets outside of the US.

BNY Mellon Concentrated International ETF (BKCI) Chart

Key Statistics of BNY Mellon Concentrated International ETF (BKCI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
20.27%
Industrials
15.83%
Consumer Discretionary
14.66%
Information Technology
11.35%
Consumer Staples
10.74%
Materials
7.00%
Other
6.29%
Financials
3.90%
Energy
3.88%
Real Estate
3.12%
Utilities
2.96%

FAQ's for BNY Mellon Concentrated International ETF (BKCI)

As of September 2026, BNY Mellon Concentrated International ETF BKCI 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 BNY Mellon Concentrated International ETF using these criteria to determine its compliance status.
The Shariah compliance status of BNY Mellon Concentrated International 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 BNY Mellon Concentrated International ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.