Is Putnam Emerging Markets ex-China ETF halal to invest in?

As of September 2026, Putnam Emerging Markets ex-China ETF PEMX 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 Putnam Emerging Markets ex-China 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 Putnam Emerging Markets ex-China ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Putnam Emerging Markets ex-China ETF updated?

The Shariah compliance status of Putnam Emerging Markets ex-China 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 Putnam Emerging Markets ex-China 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 Putnam Emerging Markets ex-China ETF?

You can check the latest Shariah compliance status of Putnam Emerging Markets ex-China ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Putnam Emerging Markets ex-China ETF PEMX

PEMX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Putnam Emerging Markets ex-China ETF is classified as not halal.

NOT HALAL

Is Putnam Emerging Markets ex-China ETF Halal?

Shariah Compliance Analysis of PEMX ETF

US Equity Total Market

No. As of September 2026, Putnam Emerging Markets ex-China ETF (PEMX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Putnam Emerging Markets ex-China ETF does not pass Musaffa's business and financial screening criteria.

PEMX was created on 2023-05-17 by Putnam. The fund's investment portfolio concentrates primarily on total market equity. PEMX is an actively managed fund that pursues alpha over a full market cycle through fundamental research in emerging markets, excluding China. The fund targets a portfolio comprised of value and/or growth stocks.

Putnam Emerging Markets ex-China ETF (PEMX) Chart

Key Statistics of Putnam Emerging Markets ex-China ETF (PEMX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
39.34%
Financials
17.78%
Consumer Discretionary
12.90%
Industrials
10.54%
Materials
4.41%
Health Care
4.14%
Consumer Staples
2.80%
Communication Services
2.47%
Real Estate
2.19%
Other
1.86%
Utilities
1.57%

FAQ's for Putnam Emerging Markets ex-China ETF (PEMX)

As of September 2026, Putnam Emerging Markets ex-China ETF PEMX 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 Putnam Emerging Markets ex-China ETF using these criteria to determine its compliance status.
The Shariah compliance status of Putnam Emerging Markets ex-China 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 Putnam Emerging Markets ex-China ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.