Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units NACO.NE
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us
NACO.NE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units is classified as not halal.
NOT HALAL
Is Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units Halal?
Shariah Compliance Analysis of NACO.NE ETF
CA Fixed Income Broad Credit No. As of September 2026, Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units (NACO.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units does not pass Musaffa's business and financial screening criteria.
NACO.NE was created on 2021-04-30 by Ninepoint. The fund's investment portfolio concentrates primarily on broad credit fixed income. The fund aims to provide long exposure to corporate bonds while taking short positions on government bonds for short-term and long-term gain. The fund will also use leverage of up to 300% of the funds NAV.
Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units (NACO.NE) Chart
Key Statistics of Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units (NACO.NE)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-FAQ's for Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units (NACO.NE)
- As of September 2026, Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units NACO.NE 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 Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units using these criteria to determine its compliance status.
- The Shariah compliance status of Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units 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 Ninepoint Alternative Credit Opportunities Fund Series -ETF- Trust Units on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.