Is Invesco S&P 100 Equal Weight ETF halal to invest in?

As of September 2026, Invesco S&P 100 Equal Weight ETF EQWL 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 Invesco S&P 100 Equal Weight 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 Invesco S&P 100 Equal Weight ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco S&P 100 Equal Weight ETF updated?

The Shariah compliance status of Invesco S&P 100 Equal Weight 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 Invesco S&P 100 Equal Weight 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 Invesco S&P 100 Equal Weight ETF?

You can check the latest Shariah compliance status of Invesco S&P 100 Equal Weight ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco S&P 100 Equal Weight ETF EQWL

EQWL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco S&P 100 Equal Weight ETF is classified as not halal.

NOT HALAL

Is Invesco S&P 100 Equal Weight ETF Halal?

Shariah Compliance Analysis of EQWL ETF

US Equity Large Cap

No. As of September 2026, Invesco S&P 100 Equal Weight ETF (EQWL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco S&P 100 Equal Weight ETF does not pass Musaffa's business and financial screening criteria.

EQWL was created on 2006-12-01 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 1996.87m in AUM and 103 holdings. EQWL tracks the an equally-weighted index composed of the 100 largest companies in the US equity markets.

Invesco S&P 100 Equal Weight ETF (EQWL) Chart

Key Statistics of Invesco S&P 100 Equal Weight ETF (EQWL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
18.32%
Information Technology
15.47%
Health Care
13.18%
Industrials
12.73%
Consumer Staples
10.28%
Consumer Discretionary
10.14%
Communication Services
8.73%
Energy
3.02%
Utilities
2.84%
Materials
1.95%
Real Estate
1.89%
Other
1.45%

FAQ's for Invesco S&P 100 Equal Weight ETF (EQWL)

As of September 2026, Invesco S&P 100 Equal Weight ETF EQWL 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 Invesco S&P 100 Equal Weight ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco S&P 100 Equal Weight 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 Invesco S&P 100 Equal Weight ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.