Is NYLI MacKay Securitized Income ETF halal to invest in?

As of September 2026, NYLI MacKay Securitized Income ETF SECR 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 NYLI MacKay Securitized 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 NYLI MacKay Securitized Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for NYLI MacKay Securitized Income ETF updated?

The Shariah compliance status of NYLI MacKay Securitized 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 NYLI MacKay Securitized 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 NYLI MacKay Securitized Income ETF?

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

NYLI MacKay Securitized Income ETF SECR

SECR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, NYLI MacKay Securitized Income ETF is classified as not halal.

NOT HALAL

Is NYLI MacKay Securitized Income ETF Halal?

Shariah Compliance Analysis of SECR ETF

US Fixed Income Broad Credit

No. As of September 2026, NYLI MacKay Securitized Income ETF (SECR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NYLI MacKay Securitized Income ETF does not pass Musaffa's business and financial screening criteria.

SECR was created on 2024-05-31 by New York Life Investments. The fund's investment portfolio concentrates primarily on broad credit fixed income. SECR is an actively managed, broad portfolio of securitized US fixed income securities. It seeks total return and current income.

NYLI MacKay Securitized Income ETF (SECR) Chart

Key Statistics of NYLI MacKay Securitized Income ETF (SECR)

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FAQ's for NYLI MacKay Securitized Income ETF (SECR)

As of September 2026, NYLI MacKay Securitized Income ETF SECR 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 NYLI MacKay Securitized Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of NYLI MacKay Securitized 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 NYLI MacKay Securitized Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.