Is Invesco AAA CLO Floating Rate Note ETF halal to invest in?

As of September 2026, Invesco AAA CLO Floating Rate Note ETF ICLO 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 AAA CLO Floating Rate Note 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 AAA CLO Floating Rate Note ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco AAA CLO Floating Rate Note ETF updated?

The Shariah compliance status of Invesco AAA CLO Floating Rate Note 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 AAA CLO Floating Rate Note 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 AAA CLO Floating Rate Note ETF?

You can check the latest Shariah compliance status of Invesco AAA CLO Floating Rate Note ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco AAA CLO Floating Rate Note ETF ICLO

ICLO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco AAA CLO Floating Rate Note ETF is classified as not halal.

NOT HALAL

Is Invesco AAA CLO Floating Rate Note ETF Halal?

Shariah Compliance Analysis of ICLO ETF

US Fixed Income Investment Grade

No. As of September 2026, Invesco AAA CLO Floating Rate Note ETF (ICLO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco AAA CLO Floating Rate Note ETF does not pass Musaffa's business and financial screening criteria.

ICLO was created on 2022-12-09 by Invesco. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 426.13m in AUM and 160 holdings. ICLO is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent.

Invesco AAA CLO Floating Rate Note ETF (ICLO) Chart

Key Statistics of Invesco AAA CLO Floating Rate Note ETF (ICLO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Invesco AAA CLO Floating Rate Note ETF (ICLO)

As of September 2026, Invesco AAA CLO Floating Rate Note ETF ICLO 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 AAA CLO Floating Rate Note ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco AAA CLO Floating Rate Note 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 AAA CLO Floating Rate Note ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.