As of September 2026, Pacer US Cash Cows Bond ETF is classified as not halal.
NOT HALAL
Is Pacer US Cash Cows Bond ETF Halal?
Shariah Compliance Analysis of MILK ETF
US Fixed Income Investment Grade
No. As of September 2026, Pacer US Cash Cows Bond ETF (MILK) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Pacer US Cash Cows Bond ETF does not pass Musaffa's business and financial screening criteria.
MILK was created on 2024-12-17 by Pacer. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 6.86m in AUM and 103 holdings. MILK tracks an index of investment grade US corporate bonds, selected based on cash flow yield and margins. The average weighted maturity of the portfolio is approximately 15 years.
Pacer US Cash Cows Bond ETF (MILK) Chart
Key Statistics of Pacer US Cash Cows Bond ETF (MILK)
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FAQ's for Pacer US Cash Cows Bond ETF (MILK)
As of September 2026, Pacer US Cash Cows Bond ETF MILK 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 Pacer US Cash Cows Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of Pacer US Cash Cows Bond 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 Pacer US Cash Cows Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.