Is Brandes U.S. Small-Mid Cap Value ETF halal to invest in?

As of September 2026, Brandes U.S. Small-Mid Cap Value ETF BSMC 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 Brandes U.S. Small-Mid Cap Value 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 Brandes U.S. Small-Mid Cap Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Brandes U.S. Small-Mid Cap Value ETF updated?

The Shariah compliance status of Brandes U.S. Small-Mid Cap Value 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 Brandes U.S. Small-Mid Cap Value 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 Brandes U.S. Small-Mid Cap Value ETF?

You can check the latest Shariah compliance status of Brandes U.S. Small-Mid Cap Value ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Brandes U.S. Small-Mid Cap Value ETF BSMC

BSMC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Brandes U.S. Small-Mid Cap Value ETF is classified as not halal.

NOT HALAL

Is Brandes U.S. Small-Mid Cap Value ETF Halal?

Shariah Compliance Analysis of BSMC ETF

US Equity Extended Market

No. As of September 2026, Brandes U.S. Small-Mid Cap Value ETF (BSMC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Brandes U.S. Small-Mid Cap Value ETF does not pass Musaffa's business and financial screening criteria.

BSMC was created on 2023-10-03 by Brandes. The fund's investment portfolio concentrates primarily on extended market equity. BSMC is actively managed, investing in equity securities of small- and mid-cap companies in the US. The fund seeks securities that are perceived to be undervalued.

Brandes U.S. Small-Mid Cap Value ETF (BSMC) Chart

Key Statistics of Brandes U.S. Small-Mid Cap Value ETF (BSMC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
17.39%
Information Technology
14.89%
Industrials
13.95%
Other
11.68%
Financials
11.40%
Consumer Staples
10.31%
Materials
8.89%
Consumer Discretionary
4.69%
Energy
2.80%
Communication Services
2.26%
Real Estate
1.74%

FAQ's for Brandes U.S. Small-Mid Cap Value ETF (BSMC)

As of September 2026, Brandes U.S. Small-Mid Cap Value ETF BSMC 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 Brandes U.S. Small-Mid Cap Value ETF using these criteria to determine its compliance status.
The Shariah compliance status of Brandes U.S. Small-Mid Cap Value 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 Brandes U.S. Small-Mid Cap Value ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.