Is Invesco RAFI US 1500 Small-Mid ETF halal to invest in?

As of September 2026, Invesco RAFI US 1500 Small-Mid ETF PRFZ 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 RAFI US 1500 Small-Mid 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 RAFI US 1500 Small-Mid ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco RAFI US 1500 Small-Mid ETF updated?

The Shariah compliance status of Invesco RAFI US 1500 Small-Mid 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 RAFI US 1500 Small-Mid 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 RAFI US 1500 Small-Mid ETF?

You can check the latest Shariah compliance status of Invesco RAFI US 1500 Small-Mid ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco RAFI US 1500 Small-Mid ETF PRFZ

PRFZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco RAFI US 1500 Small-Mid ETF is classified as not halal.

NOT HALAL

Is Invesco RAFI US 1500 Small-Mid ETF Halal?

Shariah Compliance Analysis of PRFZ ETF

US Equity Extended Market

No. As of September 2026, Invesco RAFI US 1500 Small-Mid ETF (PRFZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco RAFI US 1500 Small-Mid ETF does not pass Musaffa's business and financial screening criteria.

PRFZ was created on 2006-09-20 by Invesco. The fund's investment portfolio concentrates primarily on extended market equity. The ETF currently has 2635.18m in AUM and 1421 holdings. PRFZ tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics.

Invesco RAFI US 1500 Small-Mid ETF (PRFZ) Chart

Key Statistics of Invesco RAFI US 1500 Small-Mid ETF (PRFZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
20.25%
Industrials
16.92%
Consumer Discretionary
13.72%
Information Technology
11.54%
Health Care
10.20%
Real Estate
6.79%
Energy
5.90%
Materials
4.54%
Communication Services
4.06%
Consumer Staples
3.81%
Utilities
1.51%
Other
0.76%

FAQ's for Invesco RAFI US 1500 Small-Mid ETF (PRFZ)

As of September 2026, Invesco RAFI US 1500 Small-Mid ETF PRFZ 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 RAFI US 1500 Small-Mid ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco RAFI US 1500 Small-Mid 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 RAFI US 1500 Small-Mid ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.