Musaffa Logo
Invesco California AMT-Free Municipal Bond ETF PWZ

Is Invesco California AMT-Free Municipal Bond ETF Halal?

Shariah Compliance Analysis of PWZ ETF

No. As of October 2026, Invesco California AMT-Free Municipal Bond ETF (PWZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PWZ was created on 2007-10-11 by Invesco. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1090.86m in AUM and 1032 holdings. PWZ tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity.

PWZ Shariah Compliance

As of October 2026, Invesco California AMT-Free Municipal Bond ETF is classified as not halal.

NOT HALAL

Invesco California AMT-Free Municipal Bond ETF (PWZ) Chart

Fetching Price Chart...