Is PGIM Jennison Better Future ETF halal to invest in?

As of September 2026, PGIM Jennison Better Future ETF PJBF 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 PGIM Jennison Better 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 PGIM Jennison Better Future ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for PGIM Jennison Better Future ETF updated?

The Shariah compliance status of PGIM Jennison Better 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 PGIM Jennison Better 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 PGIM Jennison Better Future ETF?

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

PGIM Jennison Better Future ETF PJBF

PJBF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, PGIM Jennison Better Future ETF is classified as not halal.

NOT HALAL

Is PGIM Jennison Better Future ETF Halal?

Shariah Compliance Analysis of PJBF ETF

US Equity Total Market

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

PJBF was created on 2023-12-14 by PGIM. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 10.84m in AUM and 35 holdings. PJBF is actively managed, seeking long-term capital growth by adopting a socially and environmentally conscious approach that integrates United Nations Sustainable Development Goals (UN SDGs) into the selection process.

PGIM Jennison Better Future ETF (PJBF) Chart

Key Statistics of PGIM Jennison Better Future ETF (PJBF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for PGIM Jennison Better Future ETF (PJBF)

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