Musaffa Logo
Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF PDN

PDN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF is classified as not halal.

NOT HALAL

Is Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Halal?

Shariah Compliance Analysis of PDN ETF

US Equity Extended Market

No. As of September 2026, Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF does not pass Musaffa's business and financial screening criteria.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) Chart

Key Statistics of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN)

Today's Open

-

AUM

-

Avg. Volume

-

Expense Ratio

-

P/E Ratio

-

P/B Ratio

-
Sector Exposure
  • Industrials
    23.52%
  • Consumer Discretionary
    11.86%
  • Materials
    11.74%
  • Financials
    10.75%
  • Real Estate
    10.22%
  • Consumer Staples
    7.25%
  • Information Technology
    6.76%
  • Health Care
    5.08%
  • Energy
    4.16%
  • Communication Services
    4.13%
  • Utilities
    3.24%
  • Other
    1.29%

FAQ's for Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN)

  • As of September 2026, Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF PDN 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 Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF using these criteria to determine its compliance status.
  • The Shariah compliance status of Invesco RAFI Developed Markets ex-U.S. Small-Mid 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 Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.