Is PGIM Laddered S&P 500 Buffer 12 ETF halal to invest in?

As of September 2026, PGIM Laddered S&P 500 Buffer 12 ETF BUFP 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 PGIM Laddered S&P 500 Buffer 12 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 PGIM Laddered S&P 500 Buffer 12 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for PGIM Laddered S&P 500 Buffer 12 ETF updated?

The Shariah compliance status of PGIM Laddered S&P 500 Buffer 12 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 PGIM Laddered S&P 500 Buffer 12 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 PGIM Laddered S&P 500 Buffer 12 ETF?

You can check the latest Shariah compliance status of PGIM Laddered S&P 500 Buffer 12 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

PGIM Laddered S&P 500 Buffer 12 ETF BUFP

BUFP Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, PGIM Laddered S&P 500 Buffer 12 ETF is classified as not halal.

NOT HALAL

Is PGIM Laddered S&P 500 Buffer 12 ETF Halal?

Shariah Compliance Analysis of BUFP ETF

US Equity Large Cap

No. As of September 2026, PGIM Laddered S&P 500 Buffer 12 ETF (BUFP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. PGIM Laddered S&P 500 Buffer 12 ETF does not pass Musaffa's business and financial screening criteria.

BUFP was created on 2024-06-11 by PGIM. The fund's investment portfolio concentrates primarily on large cap equity. BUFP is an actively managed fund-of-funds that holds a laddered portfolio of PGIM S&P 500 Buffer 12 ETFs.

PGIM Laddered S&P 500 Buffer 12 ETF (BUFP) Chart

Key Statistics of PGIM Laddered S&P 500 Buffer 12 ETF (BUFP)

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FAQ's for PGIM Laddered S&P 500 Buffer 12 ETF (BUFP)

As of September 2026, PGIM Laddered S&P 500 Buffer 12 ETF BUFP 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 PGIM Laddered S&P 500 Buffer 12 ETF using these criteria to determine its compliance status.
The Shariah compliance status of PGIM Laddered S&P 500 Buffer 12 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 PGIM Laddered S&P 500 Buffer 12 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.