Is Pacer US Small Cap Cash Cows ETF halal to invest in?

As of September 2026, Pacer US Small Cap Cash Cows ETF CALF 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 Pacer US Small Cap Cash Cows 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 Pacer US Small Cap Cash Cows ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Pacer US Small Cap Cash Cows ETF updated?

The Shariah compliance status of Pacer US Small Cap Cash Cows 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 Pacer US Small Cap Cash Cows 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 Pacer US Small Cap Cash Cows ETF?

You can check the latest Shariah compliance status of Pacer US Small Cap Cash Cows ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Pacer US Small Cap Cash Cows ETF CALF

CALF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Pacer US Small Cap Cash Cows ETF is classified as not halal.

NOT HALAL

Is Pacer US Small Cap Cash Cows ETF Halal?

Shariah Compliance Analysis of CALF ETF

US Equity Small Cap

No. As of September 2026, Pacer US Small Cap Cash Cows ETF (CALF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Pacer US Small Cap Cash Cows ETF does not pass Musaffa's business and financial screening criteria.

CALF was created on 2017-06-16 by Pacer. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 3671.95m in AUM and 202 holdings. CALF tracks an index of 100 companies out of the S&P Small Cap 600 Index selected and weighted by free cash flow.

Pacer US Small Cap Cash Cows ETF (CALF) Chart

Key Statistics of Pacer US Small Cap Cash Cows ETF (CALF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
30.95%
Industrials
22.29%
Energy
12.95%
Information Technology
10.88%
Health Care
9.32%
Consumer Staples
5.96%
Materials
5.04%
Communication Services
2.06%
Other
0.55%

FAQ's for Pacer US Small Cap Cash Cows ETF (CALF)

As of September 2026, Pacer US Small Cap Cash Cows ETF CALF 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 Pacer US Small Cap Cash Cows ETF using these criteria to determine its compliance status.
The Shariah compliance status of Pacer US Small Cap Cash Cows 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 Pacer US Small Cap Cash Cows ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.