Is Invesco Dorsey Wright Utilities Momentum ETF halal to invest in?

As of September 2026, Invesco Dorsey Wright Utilities Momentum ETF PUI 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 Dorsey Wright Utilities Momentum 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 Dorsey Wright Utilities Momentum ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco Dorsey Wright Utilities Momentum ETF updated?

The Shariah compliance status of Invesco Dorsey Wright Utilities Momentum 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 Dorsey Wright Utilities Momentum 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 Dorsey Wright Utilities Momentum ETF?

You can check the latest Shariah compliance status of Invesco Dorsey Wright Utilities Momentum ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco Dorsey Wright Utilities Momentum ETF PUI

PUI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco Dorsey Wright Utilities Momentum ETF is classified as not halal.

NOT HALAL

Is Invesco Dorsey Wright Utilities Momentum ETF Halal?

Shariah Compliance Analysis of PUI ETF

US Equity Utilities

No. As of September 2026, Invesco Dorsey Wright Utilities Momentum ETF (PUI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco Dorsey Wright Utilities Momentum ETF does not pass Musaffa's business and financial screening criteria.

PUI was created on 2005-10-26 by Invesco. The fund's investment portfolio concentrates primarily on utilities equity. The ETF currently has 51.29m in AUM and 35 holdings. PUI tracks an index of U.S. utilities firms selected and weighted by price momentum.

Invesco Dorsey Wright Utilities Momentum ETF (PUI) Chart

Key Statistics of Invesco Dorsey Wright Utilities Momentum ETF (PUI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Utilities
85.41%
Communication Services
6.30%
Energy
5.79%
Industrials
2.25%
Other
0.25%

FAQ's for Invesco Dorsey Wright Utilities Momentum ETF (PUI)

As of September 2026, Invesco Dorsey Wright Utilities Momentum ETF PUI 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 Dorsey Wright Utilities Momentum ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco Dorsey Wright Utilities Momentum 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 Dorsey Wright Utilities Momentum ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.