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SBI-ETF Nifty Next 50 SETFNN50.BO

Is SBI-ETF Nifty Next 50 Halal?

Shariah Compliance Analysis of SETFNN50.BO ETF

No. As of October 2026, SBI-ETF Nifty Next 50 (SETFNN50.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SETFNN50.BO was created on 2015-03-20 by SBI. The fund's investment portfolio concentrates primarily on large cap 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. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

SETFNN50.BO Shariah Compliance

As of October 2026, SBI-ETF Nifty Next 50 is classified as not halal.

NOT HALAL

SBI-ETF Nifty Next 50 (SETFNN50.BO) Chart

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