Is SBI Nifty Consumption ETF halal to invest in?

As of September 2026, SBI Nifty Consumption ETF SBIETFCON.BO 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 SBI Nifty Consumption 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 SBI Nifty Consumption ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SBI Nifty Consumption ETF updated?

The Shariah compliance status of SBI Nifty Consumption 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 SBI Nifty Consumption 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 SBI Nifty Consumption ETF?

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

SBI Nifty Consumption ETF SBIETFCON.BO

SBIETFCON.BO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SBI Nifty Consumption ETF is classified as not halal.

NOT HALAL

Is SBI Nifty Consumption ETF Halal?

Shariah Compliance Analysis of SBIETFCON.BO ETF

IN Equity Theme

No. As of September 2026, SBI Nifty Consumption ETF (SBIETFCON.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SBI Nifty Consumption ETF does not pass Musaffa's business and financial screening criteria.

SBIETFCON.BO was created on 2021-07-28 by SBI. The fund's investment portfolio concentrates primarily on theme equity. The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

SBI Nifty Consumption ETF (SBIETFCON.BO) Chart

Key Statistics of SBI Nifty Consumption ETF (SBIETFCON.BO)

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FAQ's for SBI Nifty Consumption ETF (SBIETFCON.BO)

As of September 2026, SBI Nifty Consumption ETF SBIETFCON.BO 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 SBI Nifty Consumption ETF using these criteria to determine its compliance status.
The Shariah compliance status of SBI Nifty Consumption 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 SBI Nifty Consumption ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.