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Matthews India Active ETF INDE

Is Matthews India Active ETF Halal?

Shariah Compliance Analysis of INDE ETF

No. As of October 2026, Matthews India Active ETF (INDE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

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.

INDE Shariah Compliance

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

NOT HALAL

Matthews India Active ETF (INDE) Chart

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