Invesco S&P International Developed Momentum ETF IDMO
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IDMO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Invesco S&P International Developed Momentum ETF is classified as not halal.
NOT HALAL
Is Invesco S&P International Developed Momentum ETF Halal?
Shariah Compliance Analysis of IDMO ETF
US Equity Total Market No. As of September 2026, Invesco S&P International Developed Momentum ETF (IDMO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco S&P International Developed Momentum ETF does not pass Musaffa's business and financial screening criteria.
IDMO was created on 2012-02-24 by Invesco. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 2379.12m in AUM and 182 holdings. IDMO tracks an index of large- and mid-cap stocks from developed markets excluding the US. Stocks are selected by price momentum and weighted by momentum, scaled by market cap.
Invesco S&P International Developed Momentum ETF (IDMO) Chart
Key Statistics of Invesco S&P International Developed Momentum ETF (IDMO)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Financials32.35%
- Industrials24.08%
- Consumer Discretionary12.93%
- Information Technology11.11%
- Materials7.83%
- Health Care5.36%
- Utilities2.86%
- Consumer Staples1.81%
- Communication Services0.83%
- Energy0.53%
- Other0.25%
- Real Estate0.06%
FAQ's for Invesco S&P International Developed Momentum ETF (IDMO)
- As of September 2026, Invesco S&P International Developed Momentum ETF IDMO 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 International Developed Momentum ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Invesco S&P International Developed Momentum 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 International Developed Momentum ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.