Is NEOS Nasdaq 100 Hedged Equity Income ETF halal to invest in?

As of September 2026, NEOS Nasdaq 100 Hedged Equity Income ETF NUSI 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 NEOS Nasdaq 100 Hedged Equity 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 NEOS Nasdaq 100 Hedged Equity Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for NEOS Nasdaq 100 Hedged Equity Income ETF updated?

The Shariah compliance status of NEOS Nasdaq 100 Hedged Equity 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 NEOS Nasdaq 100 Hedged Equity 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 NEOS Nasdaq 100 Hedged Equity Income ETF?

You can check the latest Shariah compliance status of NEOS Nasdaq 100 Hedged Equity Income ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

NEOS Nasdaq 100 Hedged Equity Income ETF NUSI

NUSI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, NEOS Nasdaq 100 Hedged Equity Income ETF is classified as not halal.

NOT HALAL

Is NEOS Nasdaq 100 Hedged Equity Income ETF Halal?

Shariah Compliance Analysis of NUSI ETF

US Equity Large Cap

No. As of September 2026, NEOS Nasdaq 100 Hedged Equity Income ETF (NUSI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NEOS Nasdaq 100 Hedged Equity Income ETF does not pass Musaffa's business and financial screening criteria.

NUSI was created on 2019-12-19 by Neos. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 328.45m in AUM and 104 holdings. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection.

NEOS Nasdaq 100 Hedged Equity Income ETF (NUSI) Chart

Key Statistics of NEOS Nasdaq 100 Hedged Equity Income ETF (NUSI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
48.40%
Communication Services
12.69%
Consumer Discretionary
12.48%
Other
7.60%
Consumer Staples
6.17%
Health Care
5.78%
Industrials
4.58%
Utilities
1.15%
Energy
0.45%
Financials
0.45%
Real Estate
0.25%

FAQ's for NEOS Nasdaq 100 Hedged Equity Income ETF (NUSI)

As of September 2026, NEOS Nasdaq 100 Hedged Equity Income ETF NUSI 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 NEOS Nasdaq 100 Hedged Equity Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of NEOS Nasdaq 100 Hedged Equity 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 NEOS Nasdaq 100 Hedged Equity Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.