Is The India Internet ETF halal to invest in?

As of September 2026, The India Internet ETF INQQ 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 The India Internet 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 The India Internet ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for The India Internet ETF updated?

The Shariah compliance status of The India Internet 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 The India Internet 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 The India Internet ETF?

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

The India Internet ETF INQQ

INQQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, The India Internet ETF is classified as not halal.

NOT HALAL

Is The India Internet ETF Halal?

Shariah Compliance Analysis of INQQ ETF

US Equity Theme

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

INQQ was created on 2022-04-05 by EMQQ Global. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 57.49m in AUM and 29 holdings. INQQ tracks an index of companies centered around the internet and e-commerce technology in India. Securities are selected and weighted by market-cap.

The India Internet ETF (INQQ) Chart

Key Statistics of The India Internet ETF (INQQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
35.31%
Consumer Discretionary
22.33%
Information Technology
15.87%
Communication Services
11.33%
Energy
6.45%
Industrials
4.70%
Other
4.01%

FAQ's for The India Internet ETF (INQQ)

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