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Parametric Equity Premium Income ETF PAPI

Is Parametric Equity Premium Income ETF Halal?

Shariah Compliance Analysis of PAPI ETF

No. As of October 2026, Parametric Equity Premium Income ETF (PAPI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PAPI was created on 2023-10-16 by Parametric. The fund's investment portfolio concentrates primarily on total market equity. PAPI is actively managed to invest in a broad equity portfolio of US dividend payers, while utilizing a laddered, naked call writing strategy on the S&P 500. The fund seeks to provide monthly income and capital appreciation.

PAPI Shariah Compliance

As of October 2026, Parametric Equity Premium Income ETF is classified as not halal.

NOT HALAL

Parametric Equity Premium Income ETF (PAPI) Chart

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