Is Palmer Square CLO Senior Debt ETF halal to invest in?

As of September 2026, Palmer Square CLO Senior Debt ETF PSQA 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 Palmer Square CLO Senior Debt 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 Palmer Square CLO Senior Debt ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Palmer Square CLO Senior Debt ETF updated?

The Shariah compliance status of Palmer Square CLO Senior Debt 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 Palmer Square CLO Senior Debt 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 Palmer Square CLO Senior Debt ETF?

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

Palmer Square CLO Senior Debt ETF PSQA

PSQA Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Palmer Square CLO Senior Debt ETF Halal?

Shariah Compliance Analysis of PSQA ETF

US Fixed Income Investment Grade

No. As of September 2026, Palmer Square CLO Senior Debt ETF (PSQA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Palmer Square CLO Senior Debt ETF does not pass Musaffa's business and financial screening criteria.

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.

Palmer Square CLO Senior Debt ETF (PSQA) Chart

Key Statistics of Palmer Square CLO Senior Debt ETF (PSQA)

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FAQ's for Palmer Square CLO Senior Debt ETF (PSQA)

As of September 2026, Palmer Square CLO Senior Debt ETF PSQA 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 Palmer Square CLO Senior Debt ETF using these criteria to determine its compliance status.
The Shariah compliance status of Palmer Square CLO Senior Debt 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 Palmer Square CLO Senior Debt ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.