Is Matthews India Active ETF halal to invest in?

As of September 2026, Matthews India Active ETF INDE 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 Matthews India Active ETF 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 Matthews India Active ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Matthews India Active ETF updated?

The Shariah compliance status of Matthews India Active ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Matthews India Active ETF 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 Matthews India Active ETF?

You can check the latest Shariah compliance status of Matthews India Active ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Matthews India Active ETF INDE

INDE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Matthews India Active ETF is classified as not halal.

NOT HALAL

Is Matthews India Active ETF Halal?

Shariah Compliance Analysis of INDE ETF

US Equity Total Market

No. As of September 2026, Matthews India Active ETF (INDE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Matthews India Active ETF does not pass Musaffa's business and financial screening criteria.

INDE was created on 2023-09-22 by Matthews. The fund's investment portfolio concentrates primarily on total market equity. INDE actively selects Indian companies capable of sustainable growth based on fundamentals. The fund follows an all-cap strategy while implementing a fundamental bottom-up approach.

Matthews India Active ETF (INDE) Chart

Key Statistics of Matthews India Active ETF (INDE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
30.25%
Consumer Discretionary
17.90%
Health Care
10.74%
Information Technology
10.44%
Consumer Staples
8.34%
Industrials
7.51%
Energy
5.38%
Communication Services
3.75%
Materials
2.21%
Other
1.50%
Real Estate
1.11%
Utilities
0.87%

FAQ's for Matthews India Active ETF (INDE)

As of September 2026, Matthews India Active ETF INDE 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 Matthews India Active ETF using these criteria to determine its compliance status.
The Shariah compliance status of Matthews India Active 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 Matthews India Active ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.