Is UTI India Sovereign Bond UCITS ETF USD Class A halal to invest in?

As of September 2026, UTI India Sovereign Bond UCITS ETF USD Class A HM4WC6.F.IR 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 UTI India Sovereign Bond UCITS ETF USD Class A 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 UTI India Sovereign Bond UCITS ETF USD Class A using these criteria to determine its compliance status.

How often is the Shariah compliance for UTI India Sovereign Bond UCITS ETF USD Class A updated?

The Shariah compliance status of UTI India Sovereign Bond UCITS ETF USD Class A may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like UTI India Sovereign Bond UCITS ETF USD Class A 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 UTI India Sovereign Bond UCITS ETF USD Class A?

You can check the latest Shariah compliance status of UTI India Sovereign Bond UCITS ETF USD Class A on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

UTI India Sovereign Bond UCITS ETF USD Class A HM4WC6.F.IR

HM4WC6.F.IR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, UTI India Sovereign Bond UCITS ETF USD Class A is classified as not halal.

NOT HALAL

Is UTI India Sovereign Bond UCITS ETF USD Class A Halal?

Shariah Compliance Analysis of HM4WC6.F.IR ETF

GB Fixed Income Investment Grade

No. As of September 2026, UTI India Sovereign Bond UCITS ETF USD Class A (HM4WC6.F.IR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. UTI India Sovereign Bond UCITS ETF USD Class A does not pass Musaffa's business and financial screening criteria.

HM4WC6.F.IR was created on 2021-11-01 by UTI. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Sub-Fund is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the Reference Index.

UTI India Sovereign Bond UCITS ETF USD Class A (HM4WC6.F.IR) Chart

Key Statistics of UTI India Sovereign Bond UCITS ETF USD Class A (HM4WC6.F.IR)

Today's Open

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Avg. Volume

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FAQ's for UTI India Sovereign Bond UCITS ETF USD Class A (HM4WC6.F.IR)

As of September 2026, UTI India Sovereign Bond UCITS ETF USD Class A HM4WC6.F.IR 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 UTI India Sovereign Bond UCITS ETF USD Class A using these criteria to determine its compliance status.
The Shariah compliance status of UTI India Sovereign Bond UCITS ETF USD Class A 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 UTI India Sovereign Bond UCITS ETF USD Class A on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.