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Nuveen AA-BBB CLO ETF NCLO

Is Nuveen AA-BBB CLO ETF Halal?

Shariah Compliance Analysis of NCLO ETF

No. As of October 2026, Nuveen AA-BBB CLO ETF (NCLO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

NCLO was created on 2024-12-11 by Nuveen. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 143.34m in AUM and 72 holdings. NCLO is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity.

NCLO Shariah Compliance

As of October 2026, Nuveen AA-BBB CLO ETF is classified as not halal.

NOT HALAL

Nuveen AA-BBB CLO ETF (NCLO) Chart

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