Is Principal International Equity ETF halal to invest in?

As of September 2026, Principal International Equity ETF PIEQ 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 Principal International Equity 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 Principal International Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Principal International Equity ETF updated?

The Shariah compliance status of Principal International Equity 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 Principal International Equity 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 Principal International Equity ETF?

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

Principal International Equity ETF PIEQ

PIEQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Principal International Equity ETF is classified as not halal.

NOT HALAL

Is Principal International Equity ETF Halal?

Shariah Compliance Analysis of PIEQ ETF

US Equity Total Market

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

PIEQ was created on 2024-11-05 by Principal. The fund's investment portfolio concentrates primarily on total market equity. PIEQ is an actively managed fund that invests in stocks of companies outside the United States. Using proprietary fundamental research, the fund adviser surfaces companies considered underestimated by the market.

Principal International Equity ETF (PIEQ) Chart

Key Statistics of Principal International Equity ETF (PIEQ)

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FAQ's for Principal International Equity ETF (PIEQ)

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