I am sure Murmur3 would improve performance, but I doubt it would improve the indexing time very much. I can give it a try.
Update:
In IPython using pyhash library (C++):
import pyhash
h = pyhash.murmur3_32()
timeit h(b"test")
703 ns ± 4.8 ns per loop (mean ± std. dev. of 7 runs, 1000000 loops each)
import hashlib
timeit hashlib.sha1(b"test")
217 ns ± 5.87 ns per loop (mean ± std. dev. of 7 runs, 1000000 loops each)