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PGIM S&P 500 Buffer 12 ETF - March MRCP

Is PGIM S&P 500 Buffer 12 ETF - March Halal?

Shariah Compliance Analysis of MRCP ETF

No. As of October 2026, PGIM S&P 500 Buffer 12 ETF - March (MRCP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MRCP was created on 2024-02-29 by PGIM. The fund's investment portfolio concentrates primarily on large cap equity. MRCP aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral.

MRCP Shariah Compliance

As of October 2026, PGIM S&P 500 Buffer 12 ETF - March is classified as not halal.

NOT HALAL

PGIM S&P 500 Buffer 12 ETF - March (MRCP) Chart

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