Is Putnam Sustainable Future ETF halal to invest in?

As of September 2026, Putnam Sustainable Future ETF PFUT 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 Sustainable Future 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 Sustainable Future ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Putnam Sustainable Future ETF updated?

The Shariah compliance status of Putnam Sustainable Future 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 Sustainable Future 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 Sustainable Future ETF?

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

Putnam Sustainable Future ETF PFUT

PFUT Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Putnam Sustainable Future ETF is classified as not halal.

NOT HALAL

Is Putnam Sustainable Future ETF Halal?

Shariah Compliance Analysis of PFUT ETF

US Equity Total Market

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

PFUT was created on 2021-05-25 by Putnam. The fund's investment portfolio concentrates primarily on total market equity. PFUT is an actively managed, non-transparent fund that seeks capital appreciation by targeting US-listed companies with positive environmental, social, and economic development contributions measured by proprietary sustainability criteria. The fund utilizes the Fidelity non-transparent model.

Putnam Sustainable Future ETF (PFUT) Chart

Key Statistics of Putnam Sustainable Future ETF (PFUT)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
25.91%
Health Care
25.70%
Industrials
16.85%
Consumer Discretionary
8.63%
Financials
6.77%
Other
5.56%
Consumer Staples
3.62%
Utilities
2.46%
Materials
2.15%
Communication Services
1.54%
Real Estate
0.81%

FAQ's for Putnam Sustainable Future ETF (PFUT)

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