Is Simplify Next Intangible Core Index ETF halal to invest in?

As of September 2026, Simplify Next Intangible Core Index ETF NXTI 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 Simplify Next Intangible Core Index 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 Simplify Next Intangible Core Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Simplify Next Intangible Core Index ETF updated?

The Shariah compliance status of Simplify Next Intangible Core Index 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 Simplify Next Intangible Core Index 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 Simplify Next Intangible Core Index ETF?

You can check the latest Shariah compliance status of Simplify Next Intangible Core Index ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Simplify Next Intangible Core Index ETF NXTI

NXTI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Simplify Next Intangible Core Index ETF is classified as not halal.

NOT HALAL

Is Simplify Next Intangible Core Index ETF Halal?

Shariah Compliance Analysis of NXTI ETF

US Equity Total Market

No. As of September 2026, Simplify Next Intangible Core Index ETF (NXTI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Simplify Next Intangible Core Index ETF does not pass Musaffa's business and financial screening criteria.

NXTI was created on 2024-04-15 by Simplify. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 35.56m in AUM and 201 holdings. NXTI tracks a market cap-weighted index of 200 US companies that exhibit high intangible capital-to-book assets ratios within their respective sector. The fund seeks to outperform traditional market-cap indexes.

Simplify Next Intangible Core Index ETF (NXTI) Chart

Key Statistics of Simplify Next Intangible Core Index ETF (NXTI)

Today's Open

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Avg. Volume

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FAQ's for Simplify Next Intangible Core Index ETF (NXTI)

As of September 2026, Simplify Next Intangible Core Index ETF NXTI 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 Simplify Next Intangible Core Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of Simplify Next Intangible Core Index 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 Simplify Next Intangible Core Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.