Is Parametric Equity Premium Income ETF halal to invest in?

As of September 2026, Parametric Equity Premium Income ETF PAPI 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 Parametric Equity Premium Income 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 Parametric Equity Premium Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Parametric Equity Premium Income ETF updated?

The Shariah compliance status of Parametric Equity Premium Income 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 Parametric Equity Premium Income 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 Parametric Equity Premium Income ETF?

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

Parametric Equity Premium Income ETF PAPI

PAPI Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Parametric Equity Premium Income ETF Halal?

Shariah Compliance Analysis of PAPI ETF

US Equity Total Market

No. As of September 2026, Parametric Equity Premium Income ETF (PAPI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Parametric Equity Premium Income ETF does not pass Musaffa's business and financial screening criteria.

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.

Parametric Equity Premium Income ETF (PAPI) Chart

Key Statistics of Parametric Equity Premium Income ETF (PAPI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Utilities
11.47%
Consumer Staples
11.30%
Industrials
11.28%
Materials
11.23%
Financials
11.04%
Health Care
10.69%
Consumer Discretionary
10.50%
Energy
10.43%
Information Technology
8.15%
Communication Services
2.81%
Other
1.10%

FAQ's for Parametric Equity Premium Income ETF (PAPI)

As of September 2026, Parametric Equity Premium Income ETF PAPI 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 Parametric Equity Premium Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of Parametric Equity Premium Income 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 Parametric Equity Premium Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.