Is Invesco Global Water ETF halal to invest in?

As of September 2026, Invesco Global Water ETF PIO 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.

Is Invesco Global Water 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 Global Water ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco Global Water ETF updated?

The Shariah compliance status of Invesco Global Water 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 Global Water 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 Global Water ETF?

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

Invesco Global Water ETF PIO

PIO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco Global Water ETF is classified as halal.

HALAL

Is Invesco Global Water ETF Halal?

Shariah Compliance Analysis of PIO ETF

US Equity Theme

Yes. As of September 2026, Invesco Global Water ETF (PIO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco Global Water ETF passes Musaffa's business and financial screening criteria.

PIO was created on 2007-06-13 by Invesco. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 273.54m in AUM and 38 holdings. PIO tracks a liquidity-weighted index of global companies that create products to conserve and purify water for homes, businesses, and industries.

Invesco Global Water ETF (PIO) Chart

Key Statistics of Invesco Global Water ETF (PIO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
54.74%
Utilities
22.50%
Information Technology
10.32%
Materials
8.05%
Health Care
3.58%
Consumer Discretionary
0.76%

FAQ's for Invesco Global Water ETF (PIO)

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