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Putnam Emerging Markets ex-China ETF PEMX

Is Putnam Emerging Markets ex-China ETF Halal?

Shariah Compliance Analysis of PEMX ETF

No. As of October 2026, Putnam Emerging Markets ex-China ETF (PEMX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

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.

PEMX Shariah Compliance

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

NOT HALAL

Putnam Emerging Markets ex-China ETF (PEMX) Chart

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