As of September 2026, Nuveen Short-Term REIT ETF is classified as not halal.
NOT HALAL
Is Nuveen Short-Term REIT ETF Halal?
Shariah Compliance Analysis of NURE ETF
US Equity Real Estate
No. As of September 2026, Nuveen Short-Term REIT ETF (NURE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Nuveen Short-Term REIT ETF does not pass Musaffa's business and financial screening criteria.
NURE was created on 2016-12-19 by Nuveen. The fund's investment portfolio concentrates primarily on real estate equity. The ETF currently has 30.73m in AUM and 34 holdings. NURE tracks an index composed of U.S. REITs that typically have shorter-term lease durations than average.
Nuveen Short-Term REIT ETF (NURE) Chart
Key Statistics of Nuveen Short-Term REIT ETF (NURE)
Today's Open
-
AUM
-
Avg. Volume
-
Expense Ratio
-
P/E Ratio
-
P/B Ratio
-
Sector Exposure
Real Estate
99.92%
Other
0.08%
FAQ's for Nuveen Short-Term REIT ETF (NURE)
As of September 2026, Nuveen Short-Term REIT ETF NURE 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 Nuveen Short-Term REIT ETF using these criteria to determine its compliance status.
The Shariah compliance status of Nuveen Short-Term REIT 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 Nuveen Short-Term REIT ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.