Is Invesco RAFI Developed Markets ex-U.S. ETF halal to invest in?

As of September 2026, Invesco RAFI Developed Markets ex-U.S. ETF PXF 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 RAFI Developed Markets ex-U.S. 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 RAFI Developed Markets ex-U.S. ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco RAFI Developed Markets ex-U.S. ETF updated?

The Shariah compliance status of Invesco RAFI Developed Markets ex-U.S. 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 RAFI Developed Markets ex-U.S. 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 RAFI Developed Markets ex-U.S. ETF?

You can check the latest Shariah compliance status of Invesco RAFI Developed Markets ex-U.S. ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco RAFI Developed Markets ex-U.S. ETF PXF

PXF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco RAFI Developed Markets ex-U.S. ETF is classified as not halal.

NOT HALAL

Is Invesco RAFI Developed Markets ex-U.S. ETF Halal?

Shariah Compliance Analysis of PXF ETF

US Equity Total Market

No. As of September 2026, Invesco RAFI Developed Markets ex-U.S. ETF (PXF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco RAFI Developed Markets ex-U.S. ETF does not pass Musaffa's business and financial screening criteria.

PXF was created on 2007-06-25 by Invesco. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 2281.96m in AUM and 996 holdings. PXF tracks an index of 1,000 of the biggest companies in developed markets outside the US that are selected and weighted based on fundamental measures.

Invesco RAFI Developed Markets ex-U.S. ETF (PXF) Chart

Key Statistics of Invesco RAFI Developed Markets ex-U.S. ETF (PXF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
26.16%
Industrials
13.45%
Energy
9.45%
Consumer Discretionary
9.10%
Materials
9.09%
Consumer Staples
7.22%
Health Care
7.02%
Information Technology
5.68%
Utilities
4.79%
Communication Services
4.29%
Real Estate
2.38%
Other
1.37%

FAQ's for Invesco RAFI Developed Markets ex-U.S. ETF (PXF)

As of September 2026, Invesco RAFI Developed Markets ex-U.S. ETF PXF 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 RAFI Developed Markets ex-U.S. ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco RAFI Developed Markets ex-U.S. 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 RAFI Developed Markets ex-U.S. ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.