Musaffa Logo
NEOS Enhanced Income Credit Select ETF HYBI

Is NEOS Enhanced Income Credit Select ETF Halal?

Shariah Compliance Analysis of HYBI ETF

No. As of October 2026, NEOS Enhanced Income Credit Select ETF (HYBI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HYBI was created on 2024-09-30 by Neos. The fund's investment portfolio concentrates primarily on broad credit fixed income. HYBI is an actively managed fund-of-funds, investing in US bonds via ETFs and using S&P 500 put options for tax-efficient monthly income. The fund seeks to balance investments in high-yield and investment-grade securities, aiming for total return.

HYBI Shariah Compliance

As of October 2026, NEOS Enhanced Income Credit Select ETF is classified as not halal.

NOT HALAL

NEOS Enhanced Income Credit Select ETF (HYBI) Chart

Fetching Price Chart...