Is NBI Active U.S. Equity ETF 144A Trust Units halal to invest in?

As of September 2026, NBI Active U.S. Equity ETF 144A Trust Units NUSA.TO 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 NBI Active U.S. Equity ETF 144A Trust Units 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 NBI Active U.S. Equity ETF 144A Trust Units using these criteria to determine its compliance status.

How often is the Shariah compliance for NBI Active U.S. Equity ETF 144A Trust Units updated?

The Shariah compliance status of NBI Active U.S. Equity ETF 144A Trust Units may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like NBI Active U.S. Equity ETF 144A Trust Units 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 NBI Active U.S. Equity ETF 144A Trust Units?

You can check the latest Shariah compliance status of NBI Active U.S. Equity ETF 144A Trust Units on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

NBI Active U.S. Equity ETF 144A Trust Units NUSA.TO

NUSA.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, NBI Active U.S. Equity ETF 144A Trust Units is classified as not halal.

NOT HALAL

Is NBI Active U.S. Equity ETF 144A Trust Units Halal?

Shariah Compliance Analysis of NUSA.TO ETF

CA Equity Large Cap

No. As of September 2026, NBI Active U.S. Equity ETF 144A Trust Units (NUSA.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NBI Active U.S. Equity ETF 144A Trust Units does not pass Musaffa's business and financial screening criteria.

NUSA.TO was created on 2021-02-11 by NBI. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 93.14m in AUM and 33 holdings. The fund actively manages a portfolio of large-cap US equities focusing on growth.

NBI Active U.S. Equity ETF 144A Trust Units (NUSA.TO) Chart

Key Statistics of NBI Active U.S. Equity ETF 144A Trust Units (NUSA.TO)

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FAQ's for NBI Active U.S. Equity ETF 144A Trust Units (NUSA.TO)

As of September 2026, NBI Active U.S. Equity ETF 144A Trust Units NUSA.TO 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 NBI Active U.S. Equity ETF 144A Trust Units using these criteria to determine its compliance status.
The Shariah compliance status of NBI Active U.S. Equity ETF 144A 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 NBI Active U.S. Equity ETF 144A Trust Units on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.