Is Madison Short Term Strategic Income ETF halal to invest in?

As of September 2026, Madison Short Term Strategic Income ETF MSTI 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 Madison Short Term Strategic Income 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 Madison Short Term Strategic Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Madison Short Term Strategic Income ETF updated?

The Shariah compliance status of Madison Short Term Strategic Income 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 Madison Short Term Strategic Income 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 Madison Short Term Strategic Income ETF?

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

Madison Short Term Strategic Income ETF MSTI

MSTI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Madison Short Term Strategic Income ETF is classified as not halal.

NOT HALAL

Is Madison Short Term Strategic Income ETF Halal?

Shariah Compliance Analysis of MSTI ETF

US Fixed Income Broad Credit

No. As of September 2026, Madison Short Term Strategic Income ETF (MSTI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Madison Short Term Strategic Income ETF does not pass Musaffa's business and financial screening criteria.

MSTI was created on 2023-09-05 by Madison. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 63.11m in AUM and 102 holdings. MSTI is actively managed, seeking to generate a high level of income by investing in a diversified portfolio of US debt securities. The fund aims to maintain an average portfolio duration of 3.5 years or less.

Madison Short Term Strategic Income ETF (MSTI) Chart

Key Statistics of Madison Short Term Strategic Income ETF (MSTI)

Today's Open

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Avg. Volume

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FAQ's for Madison Short Term Strategic Income ETF (MSTI)

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