As of September 2026, Quadratic Deflation ETF is classified as not halal.
NOT HALAL
Is Quadratic Deflation ETF Halal?
Shariah Compliance Analysis of BNDD ETF
US Fixed Income Investment Grade
No. As of September 2026, Quadratic Deflation ETF (BNDD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Quadratic Deflation ETF does not pass Musaffa's business and financial screening criteria.
BNDD was created on 2021-09-20 by KraneShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. BNDD is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve.
Quadratic Deflation ETF (BNDD) Chart
Key Statistics of Quadratic Deflation ETF (BNDD)
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FAQ's for Quadratic Deflation ETF (BNDD)
As of September 2026, Quadratic Deflation ETF BNDD 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 Quadratic Deflation ETF using these criteria to determine its compliance status.
The Shariah compliance status of Quadratic Deflation 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 Quadratic Deflation ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.