Principal Real Estate Active Opportunities ETF BYRE
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us
BYRE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Principal Real Estate Active Opportunities ETF is classified as not halal.
NOT HALAL
Is Principal Real Estate Active Opportunities ETF Halal?
Shariah Compliance Analysis of BYRE ETF
US Equity Real Estate No. As of September 2026, Principal Real Estate Active Opportunities ETF (BYRE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Principal Real Estate Active Opportunities ETF does not pass Musaffa's business and financial screening criteria.
BYRE was created on 2022-05-18 by Principal. The fund's investment portfolio concentrates primarily on real estate equity. BYRE is an actively managed, non-transparent fund that seeks total return by centering on US-listed companies in the real estate industry, selected using a bottom-up fundamental approach. The fund utilizes the Fidelity non-transparent model.
Principal Real Estate Active Opportunities ETF (BYRE) Chart
Key Statistics of Principal Real Estate Active Opportunities ETF (BYRE)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Real Estate97.27%
- Consumer Discretionary1.39%
- Other1.34%
FAQ's for Principal Real Estate Active Opportunities ETF (BYRE)
- As of September 2026, Principal Real Estate Active Opportunities ETF BYRE 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 Principal Real Estate Active Opportunities ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Principal Real Estate Active Opportunities 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 Principal Real Estate Active Opportunities ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.