Is Macquarie Energy Transition ETF halal to invest in?

As of September 2026, Macquarie Energy Transition ETF PWER 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 Macquarie Energy Transition 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 Macquarie Energy Transition ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Macquarie Energy Transition ETF updated?

The Shariah compliance status of Macquarie Energy Transition 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 Macquarie Energy Transition 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 Macquarie Energy Transition ETF?

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

Macquarie Energy Transition ETF PWER

PWER Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Macquarie Energy Transition ETF is classified as not halal.

NOT HALAL

Is Macquarie Energy Transition ETF Halal?

Shariah Compliance Analysis of PWER ETF

US Equity Theme

No. As of September 2026, Macquarie Energy Transition ETF (PWER) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Macquarie Energy Transition ETF does not pass Musaffa's business and financial screening criteria.

PWER was created on 2023-11-28 by Nomura. The fund's investment portfolio concentrates primarily on theme equity. PWER is an actively managed fund that invests in global companies across various sectors that facilitate transition to low carbon energy sources and lower emission power production.

Macquarie Energy Transition ETF (PWER) Chart

Key Statistics of Macquarie Energy Transition ETF (PWER)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Materials
37.88%
Energy
33.35%
Industrials
10.40%
Information Technology
8.61%
Other
5.56%
Financials
2.75%
Consumer Staples
0.93%
Utilities
0.52%

FAQ's for Macquarie Energy Transition ETF (PWER)

As of September 2026, Macquarie Energy Transition ETF PWER 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 Macquarie Energy Transition ETF using these criteria to determine its compliance status.
The Shariah compliance status of Macquarie Energy Transition 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 Macquarie Energy Transition ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.