Is PIMCO Covered Bond UCITS ETF EUR halal to invest in?

As of September 2026, PIMCO Covered Bond UCITS ETF EUR COVR.DE 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 PIMCO Covered Bond UCITS ETF EUR 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 PIMCO Covered Bond UCITS ETF EUR using these criteria to determine its compliance status.

How often is the Shariah compliance for PIMCO Covered Bond UCITS ETF EUR updated?

The Shariah compliance status of PIMCO Covered Bond UCITS ETF EUR may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like PIMCO Covered Bond UCITS ETF EUR 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 PIMCO Covered Bond UCITS ETF EUR?

You can check the latest Shariah compliance status of PIMCO Covered Bond UCITS ETF EUR on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

PIMCO Covered Bond UCITS ETF EUR COVR.DE

COVR.DE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, PIMCO Covered Bond UCITS ETF EUR is classified as not halal.

NOT HALAL

Is PIMCO Covered Bond UCITS ETF EUR Halal?

Shariah Compliance Analysis of COVR.DE ETF

GB Fixed Income Investment Grade

No. As of September 2026, PIMCO Covered Bond UCITS ETF EUR (COVR.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. PIMCO Covered Bond UCITS ETF EUR does not pass Musaffa's business and financial screening criteria.

COVR.DE was created on 2013-12-17 by PIMCO. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Fund is to seek to maximise total return, consistent with prudent investment management.

PIMCO Covered Bond UCITS ETF EUR (COVR.DE) Chart

Key Statistics of PIMCO Covered Bond UCITS ETF EUR (COVR.DE)

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FAQ's for PIMCO Covered Bond UCITS ETF EUR (COVR.DE)

As of September 2026, PIMCO Covered Bond UCITS ETF EUR COVR.DE 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 PIMCO Covered Bond UCITS ETF EUR using these criteria to determine its compliance status.
The Shariah compliance status of PIMCO Covered Bond UCITS ETF EUR 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 PIMCO Covered Bond UCITS ETF EUR on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.