Is PGIM S&P 500 Buffer 12 ETF - October halal to invest in?

As of September 2026, PGIM S&P 500 Buffer 12 ETF - October OCTP 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 PGIM S&P 500 Buffer 12 ETF - October 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 PGIM S&P 500 Buffer 12 ETF - October using these criteria to determine its compliance status.

How often is the Shariah compliance for PGIM S&P 500 Buffer 12 ETF - October updated?

The Shariah compliance status of PGIM S&P 500 Buffer 12 ETF - October may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like PGIM S&P 500 Buffer 12 ETF - October 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 PGIM S&P 500 Buffer 12 ETF - October?

You can check the latest Shariah compliance status of PGIM S&P 500 Buffer 12 ETF - October on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

PGIM S&P 500 Buffer 12 ETF - October OCTP

OCTP Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

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

Shariah Compliance Analysis of OCTP ETF

US Equity Large Cap

No. As of September 2026, PGIM S&P 500 Buffer 12 ETF - October (OCTP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. PGIM S&P 500 Buffer 12 ETF - October does not pass Musaffa's business and financial screening criteria.

OCTP was created on 2024-05-16 by PGIM. The fund's investment portfolio concentrates primarily on large cap equity. OCTP 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.

PGIM S&P 500 Buffer 12 ETF - October (OCTP) Chart

Key Statistics of PGIM S&P 500 Buffer 12 ETF - October (OCTP)

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FAQ's for PGIM S&P 500 Buffer 12 ETF - October (OCTP)

As of September 2026, PGIM S&P 500 Buffer 12 ETF - October OCTP 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 PGIM S&P 500 Buffer 12 ETF - October using these criteria to determine its compliance status.
The Shariah compliance status of PGIM S&P 500 Buffer 12 ETF - October 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 PGIM S&P 500 Buffer 12 ETF - October on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.