As of September 2026, Inspire Corporate Bond ETF is classified as not halal.
NOT HALAL
Is Inspire Corporate Bond ETF Halal?
Shariah Compliance Analysis of IBD ETF
US Fixed Income Investment Grade
No. As of September 2026, Inspire Corporate Bond ETF (IBD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Inspire Corporate Bond ETF does not pass Musaffa's business and financial screening criteria.
IBD was created on 2017-07-10 by Inspire. The fund's investment portfolio concentrates primarily on investment grade fixed income. IBD tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards according to the Issuer.
Inspire Corporate Bond ETF (IBD) Chart
Key Statistics of Inspire Corporate Bond ETF (IBD)
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FAQ's for Inspire Corporate Bond ETF (IBD)
As of September 2026, Inspire Corporate Bond ETF IBD 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 Inspire Corporate Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of Inspire Corporate Bond 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 Inspire Corporate Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.