As of August 2026, Invesco Water Resources ETF is classified as halal.
HALAL
Invesco Water Resources ETF. Analysis PHO
US Equity Theme
PHO was created on 2005-12-06 by Invesco. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 2127.05m in AUM and 38 holdings. PHO tracks a modified liquidity-weighted index of US-listed companies that create products to conserve and purify water.
Invesco Water Resources ETF (PHO) Chart
Key Statistics of Invesco Water Resources ETF (PHO)
Today's Open
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AUM
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Avg. Volume
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Expense Ratio
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P/E Ratio
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P/B Ratio
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Sector Exposure
Industrials
59.33%
Utilities
15.53%
Information Technology
11.88%
Materials
8.23%
Health Care
4.06%
Other
0.97%
FAQ's for Invesco Water Resources ETF (PHO)
As of August 2026, Invesco Water Resources ETF PHO is classified as 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 Water Resources ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco Water Resources 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 Water Resources ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.