Is Putnam PanAgora ESG International Equity ETF halal to invest in?

As of September 2026, Putnam PanAgora ESG International Equity ETF PPIE 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 PanAgora ESG 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 Putnam PanAgora ESG International Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Putnam PanAgora ESG International Equity ETF updated?

The Shariah compliance status of Putnam PanAgora ESG 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 Putnam PanAgora ESG 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 Putnam PanAgora ESG International Equity ETF?

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

Putnam PanAgora ESG International Equity ETF PPIE

PPIE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Putnam PanAgora ESG International Equity ETF is classified as not halal.

NOT HALAL

Is Putnam PanAgora ESG International Equity ETF Halal?

Shariah Compliance Analysis of PPIE ETF

US Equity Total Market

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

PPIE was created on 2023-01-19 by Putnam. The fund's investment portfolio concentrates primarily on total market equity. PPIE actively invests in developed international companies of any capitalization, excluding the US. Selected companies are perceived to possess positive environmental, social, and governance criteria.

Putnam PanAgora ESG International Equity ETF (PPIE) Chart

Key Statistics of Putnam PanAgora ESG International Equity ETF (PPIE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
17.98%
Industrials
17.16%
Health Care
14.28%
Consumer Discretionary
11.22%
Other
8.02%
Information Technology
7.93%
Consumer Staples
7.15%
Materials
4.73%
Communication Services
4.58%
Energy
3.35%
Utilities
1.97%
Real Estate
1.63%

FAQ's for Putnam PanAgora ESG International Equity ETF (PPIE)

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