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Palmer Square CLO Senior Debt ETF PSQA

Is Palmer Square CLO Senior Debt ETF Halal?

Shariah Compliance Analysis of PSQA ETF

No. As of October 2026, Palmer Square CLO Senior Debt ETF (PSQA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PSQA was created on 2024-09-11 by Palmer Square. The fund's investment portfolio concentrates primarily on investment grade fixed income. PSQA tracks a market value-weighted index of floating rate, USD-denominated arbitrage collateralized loan obligations (CLOs) rated as AAA or AA by at least one of the major rating agencies. The fund specifically invests in the senior tranches of a CLO.

PSQA Shariah Compliance

As of October 2026, Palmer Square CLO Senior Debt ETF is classified as not halal.

NOT HALAL

Palmer Square CLO Senior Debt ETF (PSQA) Chart

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