Is HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS halal to invest in?

As of October 2026, HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS HAGG.MI 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 HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS 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 HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS using these criteria to determine its compliance status.

How often is the Shariah compliance for HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS updated?

The Shariah compliance status of HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS?

You can check the latest Shariah compliance status of HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS HAGG.MI

Is HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS ETF Halal?

Q: Can a halal ETF like HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS 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.

Shariah Compliance Analysis of HAGG.MI ETF

No. As of October 2026, HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS (HAGG.MI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HAGG.MI was created on 2022-01-13 by HSBC. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 59.03m in AUM and 352 holdings. The Fund aims to track as closely as possible the returns of the Bloomberg MSCI Global Aggregate 1-3 SRI Carbon ESG-Weighted Index (the Index). The Fund will invest in, or gain exposure to bonds issued by governments which make up the Index

HAGG.MI Shariah Compliance

As of October 2026, HSBC Bloomberg Global ESG Aggregeate 1-3 Year Bond UCITS is classified as not halal.

NOT HALAL

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