Is BNY Mellon International Equity ETF halal to invest in?

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

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

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

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

BNY Mellon International Equity ETF BKIE

BKIE Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is BNY Mellon International Equity ETF Halal?

Shariah Compliance Analysis of BKIE ETF

US Equity Total Market

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

BKIE was created on 2020-04-22 by BNY Mellon. The fund's investment portfolio concentrates primarily on total market equity. BKIE tracks a market cap-weighted index of large- and mid-cap companies from developed markets, excluding the US.

BNY Mellon International Equity ETF (BKIE) Chart

Key Statistics of BNY Mellon International Equity ETF (BKIE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
21.27%
Industrials
16.65%
Health Care
11.76%
Consumer Discretionary
10.09%
Information Technology
8.96%
Consumer Staples
7.97%
Materials
6.86%
Energy
5.50%
Communication Services
4.09%
Utilities
3.15%
Real Estate
2.06%
Other
1.64%

FAQ's for BNY Mellon International Equity ETF (BKIE)

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