Is ProShares Pet Care ETF halal to invest in?

As of September 2026, ProShares Pet Care ETF PAWZ 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 ProShares Pet Care 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 ProShares Pet Care ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Pet Care ETF updated?

The Shariah compliance status of ProShares Pet Care 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 ProShares Pet Care 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 ProShares Pet Care ETF?

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

ProShares Pet Care ETF PAWZ

PAWZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Pet Care ETF is classified as not halal.

NOT HALAL

Is ProShares Pet Care ETF Halal?

Shariah Compliance Analysis of PAWZ ETF

US Equity Theme

No. As of September 2026, ProShares Pet Care ETF (PAWZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Pet Care ETF does not pass Musaffa's business and financial screening criteria.

PAWZ was created on 2018-11-05 by ProShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 46.71m in AUM and 28 holdings. PAWZ tracks a tier-weighted index of global equities related to pet ownership.

ProShares Pet Care ETF (PAWZ) Chart

Key Statistics of ProShares Pet Care ETF (PAWZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
39.40%
Consumer Staples
23.60%
Consumer Discretionary
22.60%
Other
7.85%
Financials
6.55%

FAQ's for ProShares Pet Care ETF (PAWZ)

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