Is BNY Mellon Women's Opportunities ETF halal to invest in?

As of September 2026, BNY Mellon Women's Opportunities ETF BKWO 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 Women's Opportunities 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 Women's Opportunities ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for BNY Mellon Women's Opportunities ETF updated?

The Shariah compliance status of BNY Mellon Women's Opportunities 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 Women's Opportunities 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 Women's Opportunities ETF?

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

BNY Mellon Women's Opportunities ETF BKWO

BKWO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, BNY Mellon Women's Opportunities ETF is classified as not halal.

NOT HALAL

Is BNY Mellon Women's Opportunities ETF Halal?

Shariah Compliance Analysis of BKWO ETF

US Equity Total Market

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

BKWO was created on 2023-05-16 by BNY Mellon. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 16.9m in AUM and 49 holdings. BKWO is an actively managed portfolio of US companies that are believed to be financially attractive and promote gender equitable opportunities. The fund invests in companies of any market capitalization and any industry.

BNY Mellon Women's Opportunities ETF (BKWO) Chart

Key Statistics of BNY Mellon Women's Opportunities ETF (BKWO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
34.61%
Health Care
18.80%
Financials
10.87%
Industrials
10.38%
Consumer Discretionary
9.43%
Communication Services
4.61%
Consumer Staples
4.30%
Energy
2.87%
Utilities
1.77%
Real Estate
0.99%
Other
0.91%
Materials
0.46%

FAQ's for BNY Mellon Women's Opportunities ETF (BKWO)

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