Is Principal Value ETF halal to invest in?

As of September 2026, Principal Value ETF PY 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 Principal Value 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 Principal Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Principal Value ETF updated?

The Shariah compliance status of Principal Value 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 Principal Value 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 Principal Value ETF?

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

Principal Value ETF PY

PY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Principal Value ETF is classified as not halal.

NOT HALAL

Is Principal Value ETF Halal?

Shariah Compliance Analysis of PY ETF

US Equity Total Market

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

PY was created on 2016-03-21 by Principal. The fund's investment portfolio concentrates primarily on total market equity. PY utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that exhibit higher degrees of shareholder yield.

Principal Value ETF (PY) Chart

Key Statistics of Principal Value ETF (PY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
19.51%
Information Technology
18.72%
Industrials
15.92%
Energy
12.15%
Consumer Discretionary
8.47%
Consumer Staples
8.23%
Real Estate
7.41%
Materials
4.79%
Health Care
2.82%
Communication Services
1.80%
Other
0.18%

FAQ's for Principal Value ETF (PY)

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