Is Invesco Dorsey Wright Momentum ETF halal to invest in?

As of September 2026, Invesco Dorsey Wright Momentum ETF PDP 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 Invesco Dorsey Wright Momentum 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 Invesco Dorsey Wright Momentum ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco Dorsey Wright Momentum ETF updated?

The Shariah compliance status of Invesco Dorsey Wright Momentum 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 Invesco Dorsey Wright Momentum 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 Invesco Dorsey Wright Momentum ETF?

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

Invesco Dorsey Wright Momentum ETF PDP

PDP Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco Dorsey Wright Momentum ETF is classified as not halal.

NOT HALAL

Is Invesco Dorsey Wright Momentum ETF Halal?

Shariah Compliance Analysis of PDP ETF

US Equity Total Market

No. As of September 2026, Invesco Dorsey Wright Momentum ETF (PDP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco Dorsey Wright Momentum ETF does not pass Musaffa's business and financial screening criteria.

PDP was created on 2007-03-01 by Invesco. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1326.57m in AUM and 102 holdings. PDP tracks an index of 100 US-listed large- and mid-cap companies selected and weighted by relative stock performance.

Invesco Dorsey Wright Momentum ETF (PDP) Chart

Key Statistics of Invesco Dorsey Wright Momentum ETF (PDP)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
28.68%
Information Technology
22.65%
Financials
21.22%
Consumer Discretionary
9.50%
Health Care
7.07%
Consumer Staples
3.46%
Energy
3.08%
Communication Services
1.69%
Utilities
1.36%
Real Estate
0.66%
Materials
0.61%

FAQ's for Invesco Dorsey Wright Momentum ETF (PDP)

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