Is PGIM Short Duration Multi-Sector Bond ETF halal to invest in?

As of September 2026, PGIM Short Duration Multi-Sector Bond ETF PSDM 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 Short Duration Multi-Sector Bond 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 Short Duration Multi-Sector Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for PGIM Short Duration Multi-Sector Bond ETF updated?

The Shariah compliance status of PGIM Short Duration Multi-Sector Bond 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 Short Duration Multi-Sector Bond 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 Short Duration Multi-Sector Bond ETF?

You can check the latest Shariah compliance status of PGIM Short Duration Multi-Sector Bond ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

PGIM Short Duration Multi-Sector Bond ETF PSDM

PSDM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, PGIM Short Duration Multi-Sector Bond ETF is classified as not halal.

NOT HALAL

Is PGIM Short Duration Multi-Sector Bond ETF Halal?

Shariah Compliance Analysis of PSDM ETF

US Fixed Income Broad Credit

No. As of September 2026, PGIM Short Duration Multi-Sector Bond ETF (PSDM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. PGIM Short Duration Multi-Sector Bond ETF does not pass Musaffa's business and financial screening criteria.

PSDM was created on 2023-07-19 by PGIM. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 155.88m in AUM and 486 holdings. PSDM is an actively managed fund that holds a broad range of fixed income instruments with any credit rating, duration, and maturity, while targeting a weighted average maturity of less than or equal to five years. Securities are selected using both top-down analysis and bottom-up research.

PGIM Short Duration Multi-Sector Bond ETF (PSDM) Chart

Key Statistics of PGIM Short Duration Multi-Sector Bond ETF (PSDM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for PGIM Short Duration Multi-Sector Bond ETF (PSDM)

As of September 2026, PGIM Short Duration Multi-Sector Bond ETF PSDM 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 Short Duration Multi-Sector Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of PGIM Short Duration Multi-Sector Bond 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 Short Duration Multi-Sector Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.