Is Blue Horizon BNE ETF halal to invest in?

As of September 2026, Blue Horizon BNE ETF BNE 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 Blue Horizon BNE 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 Blue Horizon BNE ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Blue Horizon BNE ETF updated?

The Shariah compliance status of Blue Horizon BNE 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 Blue Horizon BNE 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 Blue Horizon BNE ETF?

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

Blue Horizon BNE ETF BNE

BNE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Blue Horizon BNE ETF is classified as not halal.

NOT HALAL

Is Blue Horizon BNE ETF Halal?

Shariah Compliance Analysis of BNE ETF

US Equity Theme

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

BNE was created on 2020-12-08 by Blue Horizon. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 2.81m in AUM and 102 holdings. BNE tracks an equal-weighted index of global stocks that are perceived to benefit from a New Energy Economy.

Blue Horizon BNE ETF (BNE) Chart

Key Statistics of Blue Horizon BNE ETF (BNE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
41.05%
Materials
15.85%
Information Technology
15.46%
Utilities
7.72%
Consumer Discretionary
7.62%
Other
7.11%
Energy
3.09%
Consumer Staples
1.11%
Health Care
0.99%

FAQ's for Blue Horizon BNE ETF (BNE)

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