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Indiabulls Nifty 50 ETF Units Exchange Traded Fund IBMFNIFTY.BO

Is Indiabulls Nifty 50 ETF Units Exchange Traded Fund Halal?

Shariah Compliance Analysis of IBMFNIFTY.BO ETF

No. As of October 2026, Indiabulls Nifty 50 ETF Units Exchange Traded Fund (IBMFNIFTY.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

IBMFNIFTY.BO was created on 2019-04-26 by Indiabulls. The fund's investment portfolio concentrates primarily on large cap equity. The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

IBMFNIFTY.BO Shariah Compliance

As of October 2026, Indiabulls Nifty 50 ETF Units Exchange Traded Fund is classified as not halal.

NOT HALAL

Indiabulls Nifty 50 ETF Units Exchange Traded Fund (IBMFNIFTY.BO) Chart

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