Is Invesco Preferred ETF halal to invest in?

As of September 2026, Invesco Preferred ETF PGX 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 Preferred 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 Preferred ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco Preferred ETF updated?

The Shariah compliance status of Invesco Preferred 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 Preferred 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 Preferred ETF?

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

Invesco Preferred ETF PGX

PGX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco Preferred ETF is classified as not halal.

NOT HALAL

Is Invesco Preferred ETF Halal?

Shariah Compliance Analysis of PGX ETF

US Fixed Income Broad Credit

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

PGX was created on 2008-01-31 by Invesco. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 3987.94m in AUM and 265 holdings. PGX tracks an index of fixed rate USD-denominated preferred securities.

Invesco Preferred ETF (PGX) Chart

Key Statistics of Invesco Preferred ETF (PGX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
98.31%
Financials
0.89%
Real Estate
0.39%
Utilities
0.31%
Materials
0.10%

FAQ's for Invesco Preferred ETF (PGX)

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