Is BNY Mellon US Mid Cap Core Equity ETF halal to invest in?

As of September 2026, BNY Mellon US Mid Cap Core Equity ETF BKMC 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 US Mid Cap Core 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 US Mid Cap Core Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for BNY Mellon US Mid Cap Core Equity ETF updated?

The Shariah compliance status of BNY Mellon US Mid Cap Core 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 US Mid Cap Core 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 US Mid Cap Core Equity ETF?

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

BNY Mellon US Mid Cap Core Equity ETF BKMC

BKMC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, BNY Mellon US Mid Cap Core Equity ETF is classified as not halal.

NOT HALAL

Is BNY Mellon US Mid Cap Core Equity ETF Halal?

Shariah Compliance Analysis of BKMC ETF

US Equity Mid Cap

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

BKMC was created on 2020-04-09 by BNY Mellon. The fund's investment portfolio concentrates primarily on mid cap equity. BKMC tracks a market cap-weighted index of US mid-cap companies. The index includes 400 companies, following the first 500 included in the Solactive GBS United States 1500 Index.

BNY Mellon US Mid Cap Core Equity ETF (BKMC) Chart

Key Statistics of BNY Mellon US Mid Cap Core Equity ETF (BKMC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
21.11%
Consumer Discretionary
14.65%
Financials
13.28%
Information Technology
12.16%
Health Care
10.38%
Real Estate
7.02%
Materials
6.16%
Energy
5.46%
Consumer Staples
3.87%
Utilities
2.43%
Communication Services
2.10%
Other
1.38%

FAQ's for BNY Mellon US Mid Cap Core Equity ETF (BKMC)

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