Is Invesco International BuyBack Achievers ETF halal to invest in?

As of September 2026, Invesco International BuyBack Achievers ETF IPKW 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 International BuyBack Achievers 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 International BuyBack Achievers ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco International BuyBack Achievers ETF updated?

The Shariah compliance status of Invesco International BuyBack Achievers 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 International BuyBack Achievers 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 International BuyBack Achievers ETF?

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

Invesco International BuyBack Achievers ETF IPKW

IPKW Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco International BuyBack Achievers ETF is classified as not halal.

NOT HALAL

Is Invesco International BuyBack Achievers ETF Halal?

Shariah Compliance Analysis of IPKW ETF

US Equity Total Market

No. As of September 2026, Invesco International BuyBack Achievers ETF (IPKW) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco International BuyBack Achievers ETF does not pass Musaffa's business and financial screening criteria.

IPKW was created on 2014-02-27 by Invesco. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 448.01m in AUM and 151 holdings. IPKW tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year.

Invesco International BuyBack Achievers ETF (IPKW) Chart

Key Statistics of Invesco International BuyBack Achievers ETF (IPKW)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
30.37%
Energy
23.70%
Industrials
11.11%
Consumer Discretionary
10.38%
Other
6.85%
Materials
6.14%
Health Care
4.36%
Consumer Staples
3.24%
Utilities
2.17%
Information Technology
1.36%
Communication Services
0.32%

FAQ's for Invesco International BuyBack Achievers ETF (IPKW)

As of September 2026, Invesco International BuyBack Achievers ETF IPKW 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 International BuyBack Achievers ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco International BuyBack Achievers 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 International BuyBack Achievers ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.