Is Putnam Sustainable Leaders ETF halal to invest in?

As of September 2026, Putnam Sustainable Leaders ETF PLDR 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 Putnam Sustainable Leaders 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 Putnam Sustainable Leaders ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Putnam Sustainable Leaders ETF updated?

The Shariah compliance status of Putnam Sustainable Leaders 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 Putnam Sustainable Leaders 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 Putnam Sustainable Leaders ETF?

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

Putnam Sustainable Leaders ETF PLDR

PLDR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Putnam Sustainable Leaders ETF is classified as not halal.

NOT HALAL

Is Putnam Sustainable Leaders ETF Halal?

Shariah Compliance Analysis of PLDR ETF

US Equity Total Market

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

PLDR was created on 2021-05-25 by Putnam. The fund's investment portfolio concentrates primarily on total market equity. PLDR is an actively-managed, non-transparent fund with exposure to US companies selected for their commitment to sustainable business practices. The fund utilizes the Fidelity non-transparent model.

Putnam Sustainable Leaders ETF (PLDR) Chart

Key Statistics of Putnam Sustainable Leaders ETF (PLDR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
32.77%
Consumer Discretionary
12.01%
Financials
11.43%
Health Care
11.05%
Other
9.71%
Materials
5.64%
Industrials
5.52%
Consumer Staples
3.53%
Real Estate
3.27%
Utilities
2.95%
Communication Services
2.12%

FAQ's for Putnam Sustainable Leaders ETF (PLDR)

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