Is PGIM Ultra Short Municipal Bond ETF halal to invest in?

As of September 2026, PGIM Ultra Short Municipal Bond ETF PUSH 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 Ultra Short Municipal 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 Ultra Short Municipal Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for PGIM Ultra Short Municipal Bond ETF updated?

The Shariah compliance status of PGIM Ultra Short Municipal 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 Ultra Short Municipal 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 Ultra Short Municipal Bond ETF?

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

PGIM Ultra Short Municipal Bond ETF PUSH

PUSH Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, PGIM Ultra Short Municipal Bond ETF is classified as not halal.

NOT HALAL

Is PGIM Ultra Short Municipal Bond ETF Halal?

Shariah Compliance Analysis of PUSH ETF

US Fixed Income Investment Grade

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

PUSH was created on 2024-06-24 by PGIM. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 46.64m in AUM and 134 holdings. PUSH combines a top-down and bottom-up proprietary research to create a portfolio of investment grade, tax-exempt US municipal bonds. The fund aims to maintain a weighted average portfolio duration of two years or less.

PGIM Ultra Short Municipal Bond ETF (PUSH) Chart

Key Statistics of PGIM Ultra Short Municipal Bond ETF (PUSH)

Today's Open

AUM

Avg. Volume

Expense Ratio

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P/B Ratio

FAQ's for PGIM Ultra Short Municipal Bond ETF (PUSH)

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