Is Invesco S&P MidCap 400 GARP ETF halal to invest in?

As of September 2026, Invesco S&P MidCap 400 GARP ETF GRPM 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 MidCap 400 GARP 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 MidCap 400 GARP ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco S&P MidCap 400 GARP ETF updated?

The Shariah compliance status of Invesco S&P MidCap 400 GARP 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 MidCap 400 GARP 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 MidCap 400 GARP ETF?

You can check the latest Shariah compliance status of Invesco S&P MidCap 400 GARP ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco S&P MidCap 400 GARP ETF GRPM

GRPM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco S&P MidCap 400 GARP ETF is classified as not halal.

NOT HALAL

Is Invesco S&P MidCap 400 GARP ETF Halal?

Shariah Compliance Analysis of GRPM ETF

US Equity Mid Cap

No. As of September 2026, Invesco S&P MidCap 400 GARP ETF (GRPM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco S&P MidCap 400 GARP ETF does not pass Musaffa's business and financial screening criteria.

GRPM was created on 2010-12-08 by Invesco. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 506.31m in AUM and 62 holdings. GRPM tracks an index of US mid-cap growth stocks with perceived quality and value characteristics.

Invesco S&P MidCap 400 GARP ETF (GRPM) Chart

Key Statistics of Invesco S&P MidCap 400 GARP ETF (GRPM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
25.97%
Industrials
16.45%
Energy
16.24%
Financials
12.56%
Information Technology
10.11%
Health Care
8.54%
Materials
5.73%
Consumer Staples
3.08%
Utilities
1.33%

FAQ's for Invesco S&P MidCap 400 GARP ETF (GRPM)

As of September 2026, Invesco S&P MidCap 400 GARP ETF GRPM 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 MidCap 400 GARP ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco S&P MidCap 400 GARP 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 MidCap 400 GARP ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.