Is Invesco Buyback Achievers ETF halal to invest in?

As of September 2026, Invesco Buyback Achievers ETF PKW 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 Buyback Achievers 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 Buyback Achievers ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco Buyback Achievers ETF updated?

The Shariah compliance status of Invesco Buyback Achievers 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 Buyback Achievers 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 Buyback Achievers ETF?

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

Invesco Buyback Achievers ETF PKW

PKW Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Invesco Buyback Achievers ETF Halal?

Shariah Compliance Analysis of PKW ETF

US Equity Total Market

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

PKW was created on 2006-12-20 by Invesco. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1552.53m in AUM and 210 holdings. PKW tracks a market-cap-weighted index of stock in US firms that repurchased at least 5% of their outstanding shares in the previous 12 months.

Invesco Buyback Achievers ETF (PKW) Chart

Key Statistics of Invesco Buyback Achievers ETF (PKW)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
21.54%
Consumer Discretionary
21.43%
Industrials
16.39%
Health Care
12.96%
Communication Services
11.28%
Energy
6.27%
Information Technology
4.57%
Materials
3.09%
Utilities
1.55%
Real Estate
0.47%
Other
0.25%
Consumer Staples
0.20%

FAQ's for Invesco Buyback Achievers ETF (PKW)

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